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Kayne Anderson Energy Development Co  (NYSE:KED) Equity-to-Asset: 0.59 (As of May. 2017)

Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Kayne Anderson Energy Development Co's Total Equity for the quarter that ended in May. 2017 was $198.28 Mil. 's Total Assets for the quarter that ended in May. 2017 was $338.18 Mil. Therefore, Kayne Anderson Energy Development Co's Equity to Asset Ratio for the quarter that ended in May. 2017 was 0.59.

NYSE:KED' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Max: 0.99
Current: 0.59

0.59
0.99

During the past 10 years, the highest Equity to Asset Ratio of Kayne Anderson Energy Development Co was 0.99. The lowest was 0.59. And the median was 0.71.

NYSE:KED's Equity-to-Asset is ranked lower than
99.99% of the 1449 Companies
in the Global industry.

( Industry Median: 0.85 vs. NYSE:KED: 0.59 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Kayne Anderson Energy Development Co Annual Data

Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.66 0.63 0.64 0.59

Kayne Anderson Energy Development Co Semi-Annual Data

May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17
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 0.65 0.64 0.60 0.59 0.59

Competitive Comparison
* 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.


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 shareholder's tangible equity divided by its total asset.

Kayne Anderson Energy Development Co's Equity to Asset Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Equity to Asset (A: Nov. 2016 )=Total Equity/Total Assets
=204.835/345.976
=0.59

Kayne Anderson Energy Development Co's Equity to Asset Ratio for the quarter that ended in May. 2017 is calculated as

Equity to Asset (Q: May. 2017 )=Total Equity/Total Assets
=198.279/338.184
=0.59

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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%.


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