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DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Equity-to-Asset : 0.75 (As of Sep. 2023)


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What is DoubleLineome Solutions Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DoubleLineome Solutions Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,189.6 Mil. DoubleLineome Solutions Fund's Total Assets for the quarter that ended in Sep. 2023 was $1,581.1 Mil. Therefore, DoubleLineome Solutions Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.75.

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

DSL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.7   Max: 0.75
Current: 0.75

During the past 7 years, the highest Equity to Asset Ratio of DoubleLineome Solutions Fund was 0.75. The lowest was 0.67. And the median was 0.70.

DSL's Equity-to-Asset is ranked worse than
58.66% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs DSL: 0.75

DoubleLineome Solutions Fund Equity-to-Asset Historical Data

The historical data trend for DoubleLineome Solutions 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.

DoubleLineome Solutions Fund Equity-to-Asset Chart

DoubleLineome Solutions Fund Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial 0.68 0.71 0.70 0.71 0.75

DoubleLineome Solutions Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.71 0.71 0.76 0.75

Competitive Comparison of DoubleLineome Solutions Fund's Equity-to-Asset

For the Asset Management subindustry, DoubleLineome Solutions 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.


DoubleLineome Solutions Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where DoubleLineome Solutions Fund's Equity-to-Asset falls into.



DoubleLineome Solutions 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.

DoubleLineome Solutions Fund's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1189.601/1581.104
=0.75

DoubleLineome Solutions Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=1189.601/1581.104
=0.75

* 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.


DoubleLineome Solutions Fund  (NYSE:DSL) 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%.


DoubleLineome Solutions Fund Equity-to-Asset Related Terms

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


DoubleLineome Solutions Fund (DoubleLineome Solutions Fund) Business Description

Traded in Other Exchanges
N/A
Address
2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602
DoubleLine Income Solutions Fund is a closed-end fund. The fund's primary investment objective is to seek high income and its secondary objective is to seek capital appreciation. It invests in securities, including money market funds, foreign corporate bonds, us corporate bonds, bank loans, collateralized loan obligations, and municipal bonds. The portfolio of the fund consists of various industries such as Healthcare, Technology, Construction, Automotive, Insurance, Beverage, Pharmaceuticals, Leisure, and others.
Executives
Lisa Chen officer: AML Compliance Officer C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter other: Trustee C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta officer: AML Officer C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam officer: Dir of HR for DSL's Inv Adv C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Henry V Chase other: See Remarks C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Maria Theresa Walker officer: Vice President 333 SOUTH GRAND AVE 18 FLOOR, LOS ANGELES CA 90071
Dawn Oswald officer: Vice President C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Youse Guia officer: CHIEF COMPLIANCE OFFICER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Leticia A. Acosta other: Adviser 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Adam D. Rossetti officer: CHIEF COMPLIANCE OFFICER 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Winnie Han officer: Assistant Treasurer 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
Brady J. Femling officer: Vice President 333 SOUTH GRAND AVENUE, SUITE 1800, LOS ANGELES CA 90071
James Charles Davison other: Global Relationship Management 333 SOUTH GRAND AVE, 18TH FLOOR, LOS ANGELES CA 90071
Raymond Woolson other: TRUSTEE 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071