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Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Equity-to-Asset : 0.77 (As of Oct. 2023)


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What is Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eaton Vance Tax Advgd Gbl Div Fd's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $1,284.4 Mil. Eaton Vance Tax Advgd Gbl Div Fd's Total Assets for the quarter that ended in Oct. 2023 was $1,667.7 Mil. Therefore, Eaton Vance Tax Advgd Gbl Div Fd's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.77.

The historical rank and industry rank for Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset or its related term are showing as below:

ETG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.77   Max: 0.82
Current: 0.77

During the past 7 years, the highest Equity to Asset Ratio of Eaton Vance Tax Advgd Gbl Div Fd was 0.82. The lowest was 0.75. And the median was 0.77.

ETG's Equity-to-Asset is ranked worse than
56.31% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs ETG: 0.77

Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset Historical Data

The historical data trend for Eaton Vance Tax Advgd Gbl Div Fd'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.

Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset Chart

Eaton Vance Tax Advgd Gbl Div Fd Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial 0.75 0.77 0.82 0.77 0.77

Eaton Vance Tax Advgd Gbl Div Fd Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.79 0.77 0.77 0.77

Competitive Comparison of Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset

For the Asset Management subindustry, Eaton Vance Tax Advgd Gbl Div Fd'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.


Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset falls into.



Eaton Vance Tax Advgd Gbl Div Fd 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.

Eaton Vance Tax Advgd Gbl Div Fd'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
=1284.369/1667.703
=0.77

Eaton Vance Tax Advgd Gbl Div Fd'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
=1284.369/1667.703
=0.77

* 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.


Eaton Vance Tax Advgd Gbl Div Fd  (NYSE:ETG) 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%.


Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Business Description

Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.
Executives
Derek Digregorio other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Williams Ray Kelly Jr officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Joseph M Mehlman officer: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 20, NEW YORK NY 10036
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance Tax Advgd Gbl Div Fd (Eaton Vance Tax Advgd Gbl Div Fd) Headlines