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Aberdeen Asia-pacificome Fund (Aberdeen Asia-pacificome Fund) Equity-to-Asset

: 0.67 (As of Oct. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aberdeen Asia-pacificome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $700.84 Mil. Aberdeen Asia-pacificome Fund's Total Assets for the quarter that ended in Oct. 2023 was $1,043.98 Mil. Therefore, Aberdeen Asia-pacificome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.67.

The historical rank and industry rank for Aberdeen Asia-pacificome Fund's Equity-to-Asset or its related term are showing as below:

FAX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.68   Max: 0.73
Current: 0.67

During the past 10 years, the highest Equity to Asset Ratio of Aberdeen Asia-pacificome Fund was 0.73. The lowest was 0.65. And the median was 0.68.

FAX's Equity-to-Asset is ranked worse than
66.63% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs FAX: 0.67

Aberdeen Asia-pacificome Fund Equity-to-Asset Historical Data

The historical data trend for Aberdeen Asia-pacificome 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.

Aberdeen Asia-pacificome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.70 0.68 0.65 0.67

Aberdeen Asia-pacificome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.64 0.65 0.67 0.67

Competitive Comparison

For the Asset Management subindustry, Aberdeen Asia-pacificome 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.


Aberdeen Asia-pacificome Fund Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Aberdeen Asia-pacificome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aberdeen Asia-pacificome Fund's Equity-to-Asset falls into.



Aberdeen Asia-pacificome 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.

Aberdeen Asia-pacificome Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=700.835/1043.98
=0.67

Aberdeen Asia-pacificome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=700.835/1043.98
=0.67

* 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.


Aberdeen Asia-pacificome Fund  (AMEX:FAX) 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%.


Aberdeen Asia-pacificome Fund Equity-to-Asset Related Terms

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


Aberdeen Asia-pacificome Fund (Aberdeen Asia-pacificome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Aberdeen Asia-pacific Income Fund Inc is a United States-based closed-end, non-diversified management investment company. Its principal investment objective is to seek current income along with capital appreciation. The fund invests in Asian debt securities, Australian debt securities, European debt securities, and others.
Executives
Peter Branner other: Other - Director of Sub-Advise C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Grant Thomas Hotson other: Director of Sub-Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Radhika Ajmera director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022