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ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Equity-to-Asset : 0.69 (As of Nov. 2023)


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What is ClearBridge Energy Midstream Opportunity Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ClearBridge Energy Midstream Opportunity Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $495.50 Mil. ClearBridge Energy Midstream Opportunity Fund's Total Assets for the quarter that ended in Nov. 2023 was $713.91 Mil. Therefore, ClearBridge Energy Midstream Opportunity Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.69.

The historical rank and industry rank for ClearBridge Energy Midstream Opportunity Fund's Equity-to-Asset or its related term are showing as below:

EMO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.68   Max: 0.71
Current: 0.69

During the past 7 years, the highest Equity to Asset Ratio of ClearBridge Energy Midstream Opportunity Fund was 0.71. The lowest was 0.64. And the median was 0.68.

EMO's Equity-to-Asset is ranked worse than
64.33% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs EMO: 0.69

ClearBridge Energy Midstream Opportunity Fund Equity-to-Asset Historical Data

The historical data trend for ClearBridge Energy Midstream Opportunity 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.

ClearBridge Energy Midstream Opportunity Fund Equity-to-Asset Chart

ClearBridge Energy Midstream Opportunity Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 0.66 0.71 0.68 0.69 0.69

ClearBridge Energy Midstream Opportunity Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.70 0.69 0.66 0.69

Competitive Comparison of ClearBridge Energy Midstream Opportunity Fund's Equity-to-Asset

For the Asset Management subindustry, ClearBridge Energy Midstream Opportunity 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.


ClearBridge Energy Midstream Opportunity Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ClearBridge Energy Midstream Opportunity Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ClearBridge Energy Midstream Opportunity Fund's Equity-to-Asset falls into.



ClearBridge Energy Midstream Opportunity 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.

ClearBridge Energy Midstream Opportunity Fund's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=495.5/713.909
=0.69

ClearBridge Energy Midstream Opportunity Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=495.5/713.909
=0.69

* 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.


ClearBridge Energy Midstream Opportunity Fund  (NYSE:EMO) 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%.


ClearBridge Energy Midstream Opportunity Fund Equity-to-Asset Related Terms

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


ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge Energy Midstream Opportunity Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide long-term investors with a high level of total return with an emphasis on cash distributions.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Variable Annuity Life Insurance Co /tx/ other: See Remarks 2929 ALLEN PARKWAY A28-40, HOUSTON TX 77019-2155
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Carol L Colman director 278 HAWLEY RD, NORTH SALEM NY 10560
Chris Eades other: Portfolio Manager 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018
Terrence Murphy other: CEO of Subadviser CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Gwen L Shaneyfelt 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

ClearBridge Energy Midstream Opportunity Fund (ClearBridge Energy Midstream Opportunity Fund) Headlines