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Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Equity-to-Asset

: 0.99 (As of Aug. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Voya Emerging Markets High Dividend Equity Fund's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $107.52 Mil. Voya Emerging Markets High Dividend Equity Fund's Total Assets for the quarter that ended in Aug. 2023 was $108.61 Mil. Therefore, Voya Emerging Markets High Dividend Equity Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.99.

The historical rank and industry rank for Voya Emerging Markets High Dividend Equity Fund's Equity-to-Asset or its related term are showing as below:

IHD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.93   Med: 0.99   Max: 1
Current: 0.99

During the past 6 years, the highest Equity to Asset Ratio of Voya Emerging Markets High Dividend Equity Fund was 1.00. The lowest was 0.93. And the median was 0.99.

IHD's Equity-to-Asset is ranked better than
89.98% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs IHD: 0.99

Voya Emerging Markets High Dividend Equity Fund Equity-to-Asset Historical Data

The historical data trend for Voya Emerging Markets High Dividend Equity 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.

Voya Emerging Markets High Dividend Equity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Premium Member Only 1.00 1.00 1.00 0.99 0.99

Voya Emerging Markets High Dividend Equity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.99 0.99 0.99 0.99

Competitive Comparison

For the Asset Management subindustry, Voya Emerging Markets High Dividend Equity 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.


Voya Emerging Markets High Dividend Equity Fund Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, Voya Emerging Markets High Dividend Equity Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Voya Emerging Markets High Dividend Equity Fund's Equity-to-Asset falls into.



Voya Emerging Markets High Dividend Equity 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.

Voya Emerging Markets High Dividend Equity Fund's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=109.847/110.574
=0.99

Voya Emerging Markets High Dividend Equity Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=107.522/108.611
=0.99

* 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.


Voya Emerging Markets High Dividend Equity Fund  (NYSE:IHD) 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%.


Voya Emerging Markets High Dividend Equity Fund Equity-to-Asset Related Terms

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


Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Emerging Markets High Dividend Equity Fund is a diversified closed-end management investment company. Its primary investment objective is to provide total return through a combination of current income, capital gains, and capital appreciation. It seeks to achieve its investment objectives by investing principally in a portfolio of equity securities, and issuers in emerging market countries. The Fund will also normally seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on selected exchange-traded funds (ETFs) and/or international, regional, or country indices of equity securities, and/or on equity securities.
Executives
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Mark Weber officer: Executive Vice President 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Russell H Jones director
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Gilbert Van Hassel officer: to subadvisor PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Van Den Heuvel Adrianus Albertus Marinus officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS
Dirk Albert Buggenhout officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Headlines