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Eaton Vance Risk-Managed Diversified Equityome Fund (Eaton Vance Risk-Managed Diversified Equityome Fund) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is Eaton Vance Risk-Managed Diversified Equityome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eaton Vance Risk-Managed Diversified Equityome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $571.07 Mil. Eaton Vance Risk-Managed Diversified Equityome Fund's Total Assets for the quarter that ended in Dec. 2023 was $578.70 Mil. Therefore, Eaton Vance Risk-Managed Diversified Equityome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

The historical rank and industry rank for Eaton Vance Risk-Managed Diversified Equityome Fund's Equity-to-Asset or its related term are showing as below:

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

During the past 7 years, the highest Equity to Asset Ratio of Eaton Vance Risk-Managed Diversified Equityome Fund was 1.00. The lowest was 0.99. And the median was 0.99.

ETJ's Equity-to-Asset is ranked better than
90.05% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs ETJ: 0.99

Eaton Vance Risk-Managed Diversified Equityome Fund Equity-to-Asset Historical Data

The historical data trend for Eaton Vance Risk-Managed Diversified Equityome 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.

Eaton Vance Risk-Managed Diversified Equityome Fund Equity-to-Asset Chart

Eaton Vance Risk-Managed Diversified Equityome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.99 0.99 0.99 1.00 0.99

Eaton Vance Risk-Managed Diversified Equityome 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 0.99 0.98 1.00 0.99 0.99

Competitive Comparison of Eaton Vance Risk-Managed Diversified Equityome Fund's Equity-to-Asset

For the Asset Management subindustry, Eaton Vance Risk-Managed Diversified Equityome 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.


Eaton Vance Risk-Managed Diversified Equityome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Risk-Managed Diversified Equityome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eaton Vance Risk-Managed Diversified Equityome Fund's Equity-to-Asset falls into.



Eaton Vance Risk-Managed Diversified Equityome 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.

Eaton Vance Risk-Managed Diversified Equityome 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
=571.065/578.703
=0.99

Eaton Vance Risk-Managed Diversified Equityome 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
=571.065/578.703
=0.99

* 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.


Eaton Vance Risk-Managed Diversified Equityome Fund  (NYSE:ETJ) 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%.


Eaton Vance Risk-Managed Diversified Equityome Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Eaton Vance Risk-Managed Diversified Equityome Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Risk-Managed Diversified Equityome Fund (Eaton Vance Risk-Managed Diversified Equityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Suite 1400, Boston, MA, USA, 02110
Eaton Vance Risk-Managed Diversified Equity Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The group invests in various sectors such as financials, healthcare, consumer discretionary, consumer staples, industrials, energy, utilities, telecommunication services, and materials.
Executives
Charles Gaffney other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Douglas R Rogers other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
George R. Nelson officer: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202

Eaton Vance Risk-Managed Diversified Equityome Fund (Eaton Vance Risk-Managed Diversified Equityome Fund) Headlines

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