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Eagle Point Credit Co (Eagle Point Credit Co) Equity-to-Asset : 0.77 (As of Dec. 2023)


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What is Eagle Point Credit Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eagle Point Credit Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $735.78 Mil. Eagle Point Credit Co's Total Assets for the quarter that ended in Dec. 2023 was $954.49 Mil. Therefore, Eagle Point Credit Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.77.

The historical rank and industry rank for Eagle Point Credit Co's Equity-to-Asset or its related term are showing as below:

ECCC.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.66   Max: 0.77
Current: 0.77

During the past 7 years, the highest Equity to Asset Ratio of Eagle Point Credit Co was 0.77. The lowest was 0.60. And the median was 0.66.

ECCC.PFD's Equity-to-Asset is ranked worse than
56.31% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs ECCC.PFD: 0.77

Eagle Point Credit Co Equity-to-Asset Historical Data

The historical data trend for Eagle Point Credit Co'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.

Eagle Point Credit Co Equity-to-Asset Chart

Eagle Point Credit Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.71 0.69 0.66 0.77

Eagle Point Credit Co Semi-Annual Data
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 0.69 0.67 0.66 0.73 0.77

Competitive Comparison of Eagle Point Credit Co's Equity-to-Asset

For the Asset Management subindustry, Eagle Point Credit Co'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.


Eagle Point Credit Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eagle Point Credit Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eagle Point Credit Co's Equity-to-Asset falls into.



Eagle Point Credit Co 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.

Eagle Point Credit Co'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
=735.777/954.494
=0.77

Eagle Point Credit Co'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
=735.777/954.494
=0.77

* 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.


Eagle Point Credit Co  (NYSE:ECCC.PFD) 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%.


Eagle Point Credit Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Eagle Point Credit Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Traded in Other Exchanges
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.