Gabelli Multimedia Trust (Gabelli Multimedia Trust) Equity-to-Asset : 0.55 (As of Dec. 2023)

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

What is Gabelli Multimedia Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gabelli Multimedia Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $104.85 Mil. Gabelli Multimedia Trust's Total Assets for the quarter that ended in Dec. 2023 was $191.00 Mil. Therefore, Gabelli Multimedia Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Gabelli Multimedia Trust's Equity-to-Asset or its related term are showing as below:

GGT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55 Med: 0.67 Max: 0.76
Current: 0.55

During the past 7 years, the highest Equity to Asset Ratio of Gabelli Multimedia Trust was 0.76. The lowest was 0.55. And the median was 0.67.

GGT's Equity-to-Asset is ranked worse than
79.87% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs GGT: 0.55

Gabelli Multimedia Trust Equity-to-Asset Historical Data

The historical data trend for Gabelli Multimedia Trust'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.

Gabelli Multimedia Trust Equity-to-Asset Chart

Gabelli Multimedia Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.66

0.67

0.69

0.55

Gabelli Multimedia Trust 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								0.69	0.57	0.55	0.57	0.55

Competitive Comparison of Gabelli Multimedia Trust's Equity-to-Asset

For the Asset Management subindustry, Gabelli Multimedia Trust'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.

Gabelli Multimedia Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Multimedia Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gabelli Multimedia Trust's Equity-to-Asset falls into.

Gabelli Multimedia Trust 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.

Gabelli Multimedia Trust'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
	=	104.851	/	191.001
	=	0.55

Gabelli Multimedia Trust'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
	=	104.851	/	191.001
	=	0.55

Gabelli Multimedia Trust (NYSE:GGT) 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%.

Gabelli Multimedia Trust Equity-to-Asset Related Terms

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

Gabelli Multimedia Trust (Gabelli Multimedia Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Multimedia Trust Inc (NYSE:GGT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

GGTpG.PFD:USA GGTpE.PFD:USA

Address

One Corporate Center, Rye, New York, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Multimedia Trust Inc is a non-diversified closed-end management investment company. Its investment objective is the long-term growth of capital. The fund invests at least 80% of its assets, under normal market conditions, in common stock and other securities, including convertible securities, preferred stock, options, and warrants of companies in the telecommunications, media, publishing, and entertainment industries.

Executives

Mario J Gabelli	director	191 MASON STREET, GREENWICH CT 06830
Calgary Avansino	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
John Birch	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc.	other: Subsidiary	4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Group Ag Ubs	10 percent owner	BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Christopher J. Marangi	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019