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Cornerstone Total Return Fund (Cornerstone Total Return Fund) Equity-to-Asset : 1.00 (As of Dec. 2023)


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What is Cornerstone Total Return Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cornerstone Total Return Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $712.8 Mil. Cornerstone Total Return Fund's Total Assets for the quarter that ended in Dec. 2023 was $713.9 Mil. Therefore, Cornerstone Total Return Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

The historical rank and industry rank for Cornerstone Total Return Fund's Equity-to-Asset or its related term are showing as below:

CRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 1   Max: 1
Current: 1

During the past 13 years, the highest Equity to Asset Ratio of Cornerstone Total Return Fund was 1.00. The lowest was 0.99. And the median was 1.00.

CRF's Equity-to-Asset is ranked better than
99.83% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs CRF: 1.00

Cornerstone Total Return Fund Equity-to-Asset Historical Data

The historical data trend for Cornerstone Total Return Fund's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cornerstone Total Return Fund Equity-to-Asset Chart

Cornerstone Total Return Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

Cornerstone Total Return Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.99 1.00 1.00 1.00

Competitive Comparison of Cornerstone Total Return Fund's Equity-to-Asset

For the Asset Management subindustry, Cornerstone Total Return Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cornerstone Total Return Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Total Return Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cornerstone Total Return Fund's Equity-to-Asset falls into.



Cornerstone Total Return Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Cornerstone Total Return Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=712.751/713.917
=1.00

Cornerstone Total Return Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=712.751/713.917
=1.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cornerstone Total Return Fund  (AMEX:CRF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Cornerstone Total Return Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cornerstone Total Return Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cornerstone Total Return Fund (Cornerstone Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Total Return Fund Inc is a diversified closed-end management company. Its objective is to seek capital appreciation with current income as a secondary objective. The company invests in sectors such as Information Technology; Health Care; Financials; Communication Services; Industrials; Utilities; Energy; Real Estate and others.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Joshua Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Ralph W Bradshaw director, officer: President 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn director 16494 73RD AVENUE N, MAPLE GROVE MN 55311
Hoyt M. Peters officer: Secretary 1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel officer: Treasurer C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca officer: Treasurer 5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
William A Clark director, officer: Vice President C/O CORNERSTONE ADVISORS, INC., ONE WEST PARK SQUARE, SUITE 1650, ASHEVILLE NC 28801
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801

Cornerstone Total Return Fund (Cornerstone Total Return Fund) Headlines

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