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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Equity-to-Asset : 0.57 (As of Apr. 2018)


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What is Advent Claymore Convertible Securities &ome Fu Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advent Claymore Convertible Securities &ome Fu's Total Stockholders Equity for the quarter that ended in Apr. 2018 was $172.96 Mil. Advent Claymore Convertible Securities &ome Fu's Total Assets for the quarter that ended in Apr. 2018 was $304.12 Mil. Therefore, Advent Claymore Convertible Securities &ome Fu's Equity to Asset Ratio for the quarter that ended in Apr. 2018 was 0.57.

The historical rank and industry rank for Advent Claymore Convertible Securities &ome Fu's Equity-to-Asset or its related term are showing as below:

AGC's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Advent Claymore Convertible Securities &ome Fu Equity-to-Asset Historical Data

The historical data trend for Advent Claymore Convertible Securities &ome Fu'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.

Advent Claymore Convertible Securities &ome Fu Equity-to-Asset Chart

Advent Claymore Convertible Securities &ome Fu Annual Data
Trend Oct17
Equity-to-Asset
0.58

Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
Oct17 Apr18
Equity-to-Asset 0.58 0.57

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's Equity-to-Asset

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu'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.


Advent Claymore Convertible Securities &ome Fu's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's Equity-to-Asset falls into.



Advent Claymore Convertible Securities &ome Fu 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.

Advent Claymore Convertible Securities &ome Fu's Equity to Asset Ratio for the fiscal year that ended in Oct. 2017 is calculated as

Equity to Asset (A: Oct. 2017 )=Total Stockholders Equity/Total Assets
=184.077/315.26
=0.58

Advent Claymore Convertible Securities &ome Fu's Equity to Asset Ratio for the quarter that ended in Apr. 2018 is calculated as

Equity to Asset (Q: Apr. 2018 )=Total Stockholders Equity/Total Assets
=172.963/304.118
=0.57

* 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.


Advent Claymore Convertible Securities &ome Fu  (NYSE:AGC) 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%.


Advent Claymore Convertible Securities &ome Fu Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Advent Claymore Convertible Securities &ome Fu's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description

Traded in Other Exchanges
N/A
Address
Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.
Executives
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Tracy V Maitland director, officer: Chairman, President & CEO, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Paul Latronica other: Portfolio Manager 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Hart Woodson other: Portfolio Manager 2455 CORPORATE WEST DRIVE LISLE IL 60532
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036

Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Headlines