Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PIMCO Highome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $704.73 Mil. PIMCO Highome Fund's Total Assets for the quarter that ended in Dec. 2023 was $894.64 Mil.
Therefore, PIMCO Highome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.
The historical rank and industry rank for PIMCO Highome Fund's Equity-to-Asset or its related term are showing as below:
PHK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.73 Max: 0.84
Current: 0.79
During the past 7 years, the highest Equity to Asset Ratio of PIMCO Highome Fund was 0.84. The lowest was 0.62. And the median was 0.73.
PHK's Equity-to-Asset is ranked worse than 53.59% of 1728
companies
in the Asset Management industry
Industry Median: 0.83
vs PHK: 0.79
PIMCO Highome Fund Equity-to-Asset Historical Data
The historical data trend for PIMCO Highome 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.
Competitive Comparison of PIMCO Highome Fund's Equity-to-Asset
For the Asset Management subindustry, PIMCO Highome 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.
PIMCO Highome Fund's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, PIMCO Highome Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PIMCO Highome Fund's Equity-to-Asset falls into.
PIMCO Highome 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.
PIMCO Highome Fund's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
PIMCO Highome Fund (NYSE:PHK) 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%.
PIMCO Highome Fund Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of PIMCO Highome Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
PIMCO Highome Fund (PIMCO Highome Fund) Business Description
PIMCO High Income Fund is a closed-end management investment company. The company's primary investment objective is to seek high current income. Its secondary objective is to seek capital appreciation.
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