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Kayne Anderson Mlp Investment Co (Kayne Anderson Mlp Investment Co) Equity-to-Asset : 0.73 (As of Nov. 2023)


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What is Kayne Anderson Mlp Investment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kayne Anderson Mlp Investment Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $1,777.56 Mil. Kayne Anderson Mlp Investment Co's Total Assets for the quarter that ended in Nov. 2023 was $2,427.62 Mil. Therefore, Kayne Anderson Mlp Investment Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.73.

The historical rank and industry rank for Kayne Anderson Mlp Investment Co's Equity-to-Asset or its related term are showing as below:

KYNPRE.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.7   Max: 0.73
Current: 0.73

During the past 7 years, the highest Equity to Asset Ratio of Kayne Anderson Mlp Investment Co was 0.73. The lowest was 0.54. And the median was 0.70.

KYNPRE.PFD's Equity-to-Asset is ranked worse than
59.92% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs KYNPRE.PFD: 0.73

Kayne Anderson Mlp Investment Co Equity-to-Asset Historical Data

The historical data trend for Kayne Anderson Mlp Investment Co'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.

Kayne Anderson Mlp Investment Co Equity-to-Asset Chart

Kayne Anderson Mlp Investment Co Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 0.59 0.70 0.70 0.72 0.73

Kayne Anderson Mlp Investment Co Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.70 0.72 0.72 0.73

Competitive Comparison of Kayne Anderson Mlp Investment Co's Equity-to-Asset

For the Asset Management subindustry, Kayne Anderson Mlp Investment Co'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.


Kayne Anderson Mlp Investment Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Mlp Investment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Mlp Investment Co's Equity-to-Asset falls into.



Kayne Anderson Mlp Investment Co 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.

Kayne Anderson Mlp Investment Co's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1777.558/2427.622
=0.73

Kayne Anderson Mlp Investment Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1777.558/2427.622
=0.73

* 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.


Kayne Anderson Mlp Investment Co  (NYSE:KYNPRE.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%.


Kayne Anderson Mlp Investment Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kayne Anderson Mlp Investment Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kayne Anderson Mlp Investment Co (Kayne Anderson Mlp Investment Co) Business Description

Traded in Other Exchanges
Address
811 Main Street, 14th Floor, Houston, TX, USA, 77002
Kayne Anderson Energy Infrastructure Fund, Inc is a non-diversified, closed-end fund. Its investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to the stockholder. The company seeks to achieve its objectives by investing at least 80% of its total assets in the securities of Energy Infrastructure companies.
Executives
American International Group, Inc. other: See Remarks 1271 AVE OF THE AMERICAS, FL 37, NEW YORK NY 10020-1304
Michael J Levitt director KAYNE ANDERSON CAPITAL ADVISORS, L.P., 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
James C Baker director, officer: President C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Sun Life Assurance Co Of Canada other: Former 10% Owner ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Teachers Insurance & Annuity Association Of America 10 percent owner 730 THIRD AVE, NEW YORK NY 10017
Prudential Financial Inc 10 percent owner 751 BROAD ST, NEWARK NJ 07102
Prudential Retirement Insurance & Annuity Co 10 percent owner prudentail retirement insurance and Annu, 280 Trumbull Street, Hartford CT 06103
Massachusetts Mutual Life Insurance Co other: Former 10% Owner 1295 STATE STREET, SPRINGFIELD MA 01111
Albert L Richey director 3718 ARNOLD, HOUSTON TX 77005
William L Thacker director 94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Alan Boswell officer: Vice President 811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Shea William H Jr director C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087
Jody Meraz officer: Vice President 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Terry A Hart officer: CFO & TREASURER 1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002

Kayne Anderson Mlp Investment Co (Kayne Anderson Mlp Investment Co) Headlines

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