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Templeton Dragon Fund (Templeton Dragon Fund) Equity-to-Asset : 1.00 (As of Dec. 2023)


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What is Templeton Dragon Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Templeton Dragon Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $238.77 Mil. Templeton Dragon Fund's Total Assets for the quarter that ended in Dec. 2023 was $239.74 Mil. Therefore, Templeton Dragon Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

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

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

During the past 8 years, the highest Equity to Asset Ratio of Templeton Dragon Fund was 1.00. The lowest was 0.99. And the median was 1.00.

TDF's Equity-to-Asset is ranked better than
99.83% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs TDF: 1.00

Templeton Dragon Fund Equity-to-Asset Historical Data

The historical data trend for Templeton Dragon 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.

Templeton Dragon Fund Equity-to-Asset Chart

Templeton Dragon Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 0.99 1.00 0.99 1.00

Templeton Dragon Fund Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 0.99 1.00 1.00

Competitive Comparison of Templeton Dragon Fund's Equity-to-Asset

For the Asset Management subindustry, Templeton Dragon 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.


Templeton Dragon Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Templeton Dragon Fund's Equity-to-Asset falls into.



Templeton Dragon 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.

Templeton Dragon 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
=238.77/239.744
=1.00

Templeton Dragon 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
=238.77/239.744
=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.


Templeton Dragon Fund  (NYSE:TDF) 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%.


Templeton Dragon Fund Equity-to-Asset Related Terms

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


Templeton Dragon Fund (Templeton Dragon Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 S.E. 2nd Street, Fort Lauderdale, FL, USA, 33301-1923
Templeton Dragon Fund Inc is a closed-end management investment company. The fund seeks long-term capital appreciation by investing majority of its total assets in equity securities of China companies. It invests in various sectors such as gas & consumable fuels, auto components, banks, beverages, communications equipment, healthcare equipment & supplies, restaurants & leisure, household durables, and many others.
Executives
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Terrence J. Checki director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Manraj S Sekhon officer: President and CEO - IM 7 TEMASEK BOULEVARD, #38-03 SUNTEC TOWER ONE, SINGAPORE U0 038987
Bates Ann Torre director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Matthew T. Hinkle officer: CEO - Finance & Admin 3344 QUALITY DRIVE, RANCHO CORDOVA CA 95670-7313