FCT (First Trust Senior Floating Rateome Fund II) Liabilities-to-Assets : 0.18 (As of Nov. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FCT First Trust Senior Floating Rate Income Fund II FCT
24 GF Score
Price $9.63
! 7 Warning Signs
View Full Analysis

What is First Trust Senior Floating Rateome Fund II Liabilities-to-Assets?

First Trust Senior Floating Rateome Fund II FCT -0.10% 24 Liabilities-to-Assets is 0.18 as of Nov. 2025. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review.

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. First Trust Senior Floating Rateome Fund II's Total Liabilities for the quarter that ended in Nov. 2025 was $59.03 Mil. First Trust Senior Floating Rateome Fund II's Total Assets for the quarter that ended in Nov. 2025 was $328.10 Mil. Therefore, First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2025 was 0.18.


First Trust Senior Floating Rateome Fund II  (NYSE:FCT) 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.


First Trust Senior Floating Rateome Fund II Liabilities-to-Assets Related Terms


First Trust Senior Floating Rateome Fund II Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II'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.

First Trust Senior Floating Rateome Fund II Liabilities-to-Assets Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Liabilities-to-Assets
Get a 7-Day Free Trial 0.32 0.32 0.20 0.17 0.23

First Trust Senior Floating Rateome Fund II Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Liabilities-to-Assets 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 Premium Member Only 0.21 0.17 0.18 0.23 0.18

FCT vs GLO, ERC, CPZ: Liabilities-to-Assets Comparison

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II'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.


First Trust Senior Floating Rateome Fund II Liabilities-to-Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets falls into.


FCT
24GF Score
First Trust Senior Floating Rate Income Fund II FCT
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Trust Senior Floating Rateome Fund II 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.

First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2025 is calculated as:

Liabilities-to-Assets (A: May. 2025 )=Total Liabilities/Total Assets
=81.453/356.325
=0.23

First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2025 is calculated as

Liabilities-to-Assets (Q: Nov. 2025 )=Total Liabilities/Total Assets
=59.028/328.096
=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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.18 mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Liabilities-to-Assets of 0.18 as of Nov. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on First Trust Senior Floating Rateome Fund II and its competitors.
Is First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets too high?
First Trust Senior Floating Rateome Fund II's current Liabilities-to-Assets is 0.18. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets compare to GLO and ERC?
First Trust Senior Floating Rateome Fund II's Liabilities-to-Assets of 0.18 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Asset Management company?
A good Liabilities-to-Assets depends on the Asset Management industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. First Trust Senior Floating Rateome Fund II's current Liabilities-to-Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current Liabilities-to-Assets of 0.18. The current Liabilities-to-Assets is 0.18. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Liabilities-to-Assets is 0.18 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Trust Senior Floating Rateome Fund II Business Description

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
24GF Score

Get the complete analysis for FCT

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.63
Price