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Delaware Investments MN Muni Fund II, Equity-to-Asset

: 0.69 (As of Mar. 2020)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Delaware Investments MN Muni Fund II,'s Total Stockholders Equity for the quarter that ended in Mar. 2020 was $164.59 Mil. Delaware Investments MN Muni Fund II,'s Total Assets for the quarter that ended in Mar. 2020 was $239.71 Mil. Therefore, Delaware Investments MN Muni Fund II,'s Equity to Asset Ratio for the quarter that ended in Mar. 2020 was 0.69.

AMEX:VMM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.68   Max: 0.7
Current: 0.69

0.68
0.7

During the past 10 years, the highest Equity to Asset Ratio of Delaware Investments MN Muni Fund II, was 0.70. The lowest was 0.68. And the median was 0.68.

AMEX:VMM's Equity-to-Asset is ranked lower than
65% of the 1675 Companies
in the Asset Management industry.

( Industry Median: 0.82 vs. AMEX:VMM: 0.69 )

Delaware Investments MN Muni Fund II, 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.

Delaware Investments MN Muni Fund II, Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.68 0.68 0.68 0.69

Delaware Investments MN Muni Fund II, Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.68 0.67 0.68 0.69 0.69

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.


Delaware Investments MN Muni Fund II, Equity-to-Asset Distribution

* The bar in red indicates where Delaware Investments MN Muni Fund II,'s Equity-to-Asset falls into.



Delaware Investments MN Muni Fund II, 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.

Delaware Investments MN Muni Fund II,'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as

Equity to Asset (A: Mar. 2020 )=Total Stockholders Equity/Total Assets
=164.589/239.711
=0.69

Delaware Investments MN Muni Fund II,'s Equity to Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

Equity to Asset (Q: Mar. 2020 )=Total Stockholders Equity/Total Assets
=164.589/239.711
=0.69

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


Delaware Investments MN Muni Fund II,  (AMEX:VMM) 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%.


Delaware Investments MN Muni Fund II, Equity-to-Asset Related Terms


Delaware Investments MN Muni Fund II, Equity-to-Asset Headlines

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