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Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Equity-to-Asset : 1.00 (As of Dec. 2023)


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What is Western Asset Investment Gradeome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Asset Investment Gradeome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $124.68 Mil. Western Asset Investment Gradeome Fund's Total Assets for the quarter that ended in Dec. 2023 was $124.84 Mil. Therefore, Western Asset Investment Gradeome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

The historical rank and industry rank for Western Asset Investment Gradeome Fund's Equity-to-Asset or its related term are showing as below:

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

During the past 7 years, the highest Equity to Asset Ratio of Western Asset Investment Gradeome Fund was 1.00. The lowest was 1.00. And the median was 1.00.

PAI's Equity-to-Asset is ranked better than
99.83% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs PAI: 1.00

Western Asset Investment Gradeome Fund Equity-to-Asset Historical Data

The historical data trend for Western Asset Investment Gradeome 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.

Western Asset Investment Gradeome Fund Equity-to-Asset Chart

Western Asset Investment Gradeome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 1.00 1.00 1.00

Western Asset Investment Gradeome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of Western Asset Investment Gradeome Fund's Equity-to-Asset

For the Asset Management subindustry, Western Asset Investment Gradeome 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.


Western Asset Investment Gradeome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Western Asset Investment Gradeome Fund's Equity-to-Asset falls into.



Western Asset Investment Gradeome 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.

Western Asset Investment Gradeome Fund'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
=124.684/124.841
=1.00

Western Asset Investment Gradeome Fund'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
=124.684/124.841
=1.00

* 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.


Western Asset Investment Gradeome Fund  (NYSE:PAI) 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%.


Western Asset Investment Gradeome Fund Equity-to-Asset Related Terms

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


Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, MA, USA, 10018
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. The company designed primarily as a long-term investment and not as a trading vehicle. The fund seeks a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. Its portfolio is invested in securities which may be convertible into or exchangeable for, or carry warrants to purchase, common stock or other equity interests; and preferred stock.
Executives
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
S. Kenneth Leech other: Portfolio Manager - Adviser 385 EAST COLORADO BLVD, PASADENA CA 91101
John Kenney other: Director of Subadviser 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202

Western Asset Investment Gradeome Fund (Western Asset Investment Gradeome Fund) Headlines

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