Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eaton Vance Tax-Mgd Glbl Div Eq's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $2,450.3 Mil. Eaton Vance Tax-Mgd Glbl Div Eq's Total Assets for the quarter that ended in Oct. 2023 was $2,474.5 Mil.
Therefore, Eaton Vance Tax-Mgd Glbl Div Eq's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.99.
The historical rank and industry rank for Eaton Vance Tax-Mgd Glbl Div Eq's Equity-to-Asset or its related term are showing as below:
EXG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98 Med: 0.99 Max: 0.99
Current: 0.99
During the past 7 years, the highest Equity to Asset Ratio of Eaton Vance Tax-Mgd Glbl Div Eq was 0.99. The lowest was 0.98. And the median was 0.99.
EXG's Equity-to-Asset is ranked better than 89.98% of 1726
companies
in the Asset Management industry
Industry Median: 0.83
vs EXG: 0.99
Eaton Vance Tax-Mgd Glbl Div Eq Equity-to-Asset Historical Data
The historical data trend for Eaton Vance Tax-Mgd Glbl Div Eq'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-Mgd Glbl Div Eq Annual Data
Trend
Oct17
Oct18
Oct19
Oct20
Oct21
Oct22
Oct23
Equity-to-Asset
0.99
0.99
0.98
0.98
0.99
Eaton Vance Tax-Mgd Glbl Div Eq Semi-Annual Data
Oct17
Apr18
Oct18
Apr19
Oct19
Apr20
Oct20
Apr21
Oct21
Apr22
Oct22
Apr23
Oct23
Equity-to-Asset
0.98
0.99
0.98
0.99
0.99
Competitive Comparison
For the Asset Management subindustry, Eaton Vance Tax-Mgd Glbl Div Eq'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-Mgd Glbl Div Eq Equity-to-Asset Distribution
For the Asset Management industry and Financial Services sector, Eaton Vance Tax-Mgd Glbl Div Eq's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Eaton Vance Tax-Mgd Glbl Div Eq's Equity-to-Asset falls into.
Eaton Vance Tax-Mgd Glbl Div Eq 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-Mgd Glbl Div Eq's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as
* 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-Mgd Glbl Div Eq (NYSE:EXG) 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-Mgd Glbl Div Eq Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Eaton Vance Tax-Mgd Glbl Div Eq's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Tax-Mgd Glbl Div Eq (Eaton Vance Tax-Mgd Glbl Div Eq) Business Description
Eaton Vance Tax-Mgd Glbl Div Eq Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. It invests in a diversified portfolio of domestic and foreign common stocks with an emphasis on dividend-paying stocks and writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. Its portfolio of investments consists of capital markets, banks, internet and direct marketing retail, biotechnology, media, oil, gas, and consumable fuels, and other sectors.
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