GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Total Return Fund Inc (NYSE:ZTR) » Definitions » Equity-to-Asset

Virtus Total Return Fund (Virtus Total Return Fund) Equity-to-Asset : 0.69 (As of Nov. 2023)


View and export this data going back to . Start your Free Trial

What is Virtus Total Return Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtus Total Return Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $429.18 Mil. Virtus Total Return Fund's Total Assets for the quarter that ended in Nov. 2023 was $619.41 Mil. Therefore, Virtus Total Return Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.69.

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

ZTR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.72   Max: 0.73
Current: 0.69

During the past 7 years, the highest Equity to Asset Ratio of Virtus Total Return Fund was 0.73. The lowest was 0.69. And the median was 0.72.

ZTR's Equity-to-Asset is ranked worse than
64.35% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs ZTR: 0.69

Virtus Total Return Fund Equity-to-Asset Historical Data

The historical data trend for Virtus Total Return 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.

Virtus Total Return Fund Equity-to-Asset Chart

Virtus Total Return Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 0.71 0.73 0.72 0.71 0.69

Virtus Total Return Fund 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 0.72 0.71 0.71 0.68 0.69

Competitive Comparison of Virtus Total Return Fund's Equity-to-Asset

For the Asset Management subindustry, Virtus Total Return 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.


Virtus Total Return Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus Total Return Fund's Equity-to-Asset falls into.



Virtus Total Return 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.

Virtus Total Return Fund'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
=429.176/619.406
=0.69

Virtus Total Return Fund'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
=429.176/619.406
=0.69

* 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.


Virtus Total Return Fund  (NYSE:ZTR) 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%.


Virtus Total Return Fund Equity-to-Asset Related Terms

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


Virtus Total Return Fund (Virtus Total Return Fund) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9668
Virtus Total Return Fund Inc is a closed-end, diversified management investment company. Its investment objective is capital appreciation, with current income as a secondary objective. The company provides solutions to individuals, financial advisors, and institutions.
Executives
Bradley William Patrick Iii officer: VP, CFO & Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Virtus Partners Inc other: Affiliate of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL ST., 9TH FLOOR, HARTFORD CT 06103
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Willliam R Moyer director C/O VIRTUS INVESTMENT PARTNERS, INC., HARTFORD CT 06103
George W Karpus 10 percent owner
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
David Dickerson officer: SVP & PM of the Adviser
Christopher Ruddy director 1120 BEAR ISLAND DRIVE WEST PALM BEACH FL 33409
Carlton Neel officer: SVP & Portfolio Manager ZWEIG FUNDS 900 THIRD AVE NEW YORK NY 10022
Wendy W Luscombe director 480 TAGHKANIC CHURCH TOWN ROAD, CRARYVILLE NY 12521
Rogers James B Jr director 14 WESLEY STREET, HAMILTON D0 HM11
George R Aylward director, officer: President & CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
William J Renahan officer: Chief Legal Off. & Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022