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The Gabelli Go Anywhere Trust Equity-to-Asset

: 0.99 (As of Jun. 2020)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. The Gabelli Go Anywhere Trust's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $28.29 Mil. The Gabelli Go Anywhere Trust's Total Assets for the quarter that ended in Jun. 2020 was $28.51 Mil. Therefore, The Gabelli Go Anywhere Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2020 was 0.99.

AMEX:GGO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.97   Med: 1   Max: 1
Current: 0.99

0.97
1

During the past 4 years, the highest Equity to Asset Ratio of The Gabelli Go Anywhere Trust was 1.00. The lowest was 0.97. And the median was 1.00.

AMEX:GGO's Equity-to-Asset is ranked higher than
90% of the 1665 Companies
in the Asset Management industry.

( Industry Median: 0.82 vs. AMEX:GGO: 0.99 )

The Gabelli Go Anywhere Trust Equity-to-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

The Gabelli Go Anywhere Trust Annual Data
Dec16 Dec17 Dec18 Dec19
Equity-to-Asset 0.99 0.97 1.00 1.00

The Gabelli Go Anywhere Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 0.99

Competitive Comparison
* 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.


The Gabelli Go Anywhere Trust Equity-to-Asset Distribution

* The bar in red indicates where The Gabelli Go Anywhere Trust's Equity-to-Asset falls into.



The Gabelli Go Anywhere Trust 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 shareholder's tangible equity divided by its total asset.

The Gabelli Go Anywhere Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=49.122/49.301
=1.00

The Gabelli Go Anywhere Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Equity to Asset (Q: Jun. 2020 )=Total Stockholders Equity/Total Assets
=28.293/28.505
=0.99

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


The Gabelli Go Anywhere Trust  (AMEX:GGO) 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%.


The Gabelli Go Anywhere Trust Equity-to-Asset Related Terms


The Gabelli Go Anywhere Trust Equity-to-Asset Headlines

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