GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Emg Markets Debt Fund Inc (NYSE:EMD) » Definitions » Equity-to-Asset

Western Asset Emg Markets Debt Fund (Western Asset Emg Markets Debt Fund) Equity-to-Asset : 0.71 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Western Asset Emg Markets Debt Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Asset Emg Markets Debt Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $617.56 Mil. Western Asset Emg Markets Debt Fund's Total Assets for the quarter that ended in Dec. 2023 was $872.34 Mil. Therefore, Western Asset Emg Markets Debt Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

The historical rank and industry rank for Western Asset Emg Markets Debt Fund's Equity-to-Asset or its related term are showing as below:

EMD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.71   Max: 0.75
Current: 0.71

During the past 7 years, the highest Equity to Asset Ratio of Western Asset Emg Markets Debt Fund was 0.75. The lowest was 0.70. And the median was 0.71.

EMD's Equity-to-Asset is ranked worse than
61.75% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs EMD: 0.71

Western Asset Emg Markets Debt Fund Equity-to-Asset Historical Data

The historical data trend for Western Asset Emg Markets Debt 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.

Western Asset Emg Markets Debt Fund Equity-to-Asset Chart

Western Asset Emg Markets Debt Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.71 0.72 0.71 0.72 0.71

Western Asset Emg Markets Debt Fund 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 0.71 0.67 0.72 0.70 0.71

Competitive Comparison of Western Asset Emg Markets Debt Fund's Equity-to-Asset

For the Asset Management subindustry, Western Asset Emg Markets Debt 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.


Western Asset Emg Markets Debt Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Emg Markets Debt Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Western Asset Emg Markets Debt Fund's Equity-to-Asset falls into.



Western Asset Emg Markets Debt 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.

Western Asset Emg Markets Debt 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
=617.562/872.343
=0.71

Western Asset Emg Markets Debt 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
=617.562/872.343
=0.71

* 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.


Western Asset Emg Markets Debt Fund  (NYSE:EMD) 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%.


Western Asset Emg Markets Debt Fund Equity-to-Asset Related Terms

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


Western Asset Emg Markets Debt Fund (Western Asset Emg Markets Debt Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Emg Markets Debt Fund Inc is a non-diversified closed-end management investment company. Its primary investment objective is to seek high current income and the secondary objective is to seek capital appreciation.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202

Western Asset Emg Markets Debt Fund (Western Asset Emg Markets Debt Fund) Headlines

From GuruFocus