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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Liabilities-to-Assets : 0.18 (As of Dec. 2022)


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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. GABELLI CONVERTIBLE &OME SECURITIES FUND's Total Liabilities for the quarter that ended in Dec. 2022 was $17.41 Mil. GABELLI CONVERTIBLE &OME SECURITIES FUND's Total Assets for the quarter that ended in Dec. 2022 was $97.65 Mil. Therefore, GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 was 0.18.


GABELLI CONVERTIBLE &OME SECURITIES FUND Liabilities-to-Assets Historical Data

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND Liabilities-to-Assets Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.26 0.22 0.23 0.18 0.18

GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.23 0.29 0.18 0.18

Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets falls into.



GABELLI CONVERTIBLE &OME SECURITIES FUND Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=15.856/90.342
=0.18

GABELLI CONVERTIBLE &OME SECURITIES FUND's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2022 is calculated as

Liabilities-to-Assets (Q: Dec. 2022 )=Total Liabilities/Total Assets
=17.405/97.652
=0.18

* 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.


GABELLI CONVERTIBLE &OME SECURITIES FUND  (NYSE:GCV) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


GABELLI CONVERTIBLE &OME SECURITIES FUND Liabilities-to-Assets Related Terms

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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chairman 191 MASON STREET, GREENWICH CT 06830
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder director ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan officer: Acting Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019

GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Headlines

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