Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Equity-to-Asset

: 0.87 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gabelli Dividend &ome Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,303.09 Mil. Gabelli Dividend &ome Trust's Total Assets for the quarter that ended in Dec. 2023 was $2,651.03 Mil. Therefore, Gabelli Dividend &ome Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.

The historical rank and industry rank for Gabelli Dividend &ome Trust's Equity-to-Asset or its related term are showing as below:

GDVpG.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77 Med: 0.85 Max: 0.88
Current: 0.87

During the past 7 years, the highest Equity to Asset Ratio of Gabelli Dividend &ome Trust was 0.88. The lowest was 0.77. And the median was 0.85.

GDVpG.PFD's Equity-to-Asset is ranked better than
56.14% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs GDVpG.PFD: 0.87

Gabelli Dividend &ome Trust Equity-to-Asset Historical Data

The historical data trend for Gabelli Dividend &ome Trust'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.

Gabelli Dividend &ome Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.82

0.88

0.85

0.86

0.87

Gabelli Dividend &ome Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset									0.85	0.86	0.86	0.87	0.87

Competitive Comparison

For the Asset Management subindustry, Gabelli Dividend &ome Trust'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.

Gabelli Dividend &ome Trust Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Gabelli Dividend &ome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gabelli Dividend &ome Trust's Equity-to-Asset falls into.

Gabelli Dividend &ome Trust 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.

Gabelli Dividend &ome Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2303.089	/	2651.026
	=	0.87

Gabelli Dividend &ome Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2303.089	/	2651.026
	=	0.87

Gabelli Dividend &ome Trust (NYSE:GDVpG.PFD) 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%.

Gabelli Dividend &ome Trust Equity-to-Asset Related Terms

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Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Dividend & Income Trust (NYSE:GDVpG.PFD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

GDVpK.PFD:USA GDVPH.PFD:USA GDV:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest 80% of its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics and Computer Software & Services accounts for the majority weightage.