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FFC Liabilities-to-Assets : 0.38 (As of Nov. 2024)


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What is Flaherty & Crumrine Preferred andome Securities Fundorporated 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. Flaherty & Crumrine Preferred andome Securities Fundorporated's Total Liabilities for the quarter that ended in Nov. 2024 was $509.0 Mil. Flaherty & Crumrine Preferred andome Securities Fundorporated's Total Assets for the quarter that ended in Nov. 2024 was $1,343.0 Mil. Therefore, Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2024 was 0.38.


Flaherty & Crumrine Preferred andome Securities Fundorporated Liabilities-to-Assets Historical Data

The historical data trend for Flaherty & Crumrine Preferred andome Securities Fundorporated'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.

Flaherty & Crumrine Preferred andome Securities Fundorporated Liabilities-to-Assets Chart

Flaherty & Crumrine Preferred andome Securities Fundorporated Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.33 0.34 0.40 0.41 0.38

Flaherty & Crumrine Preferred andome Securities Fundorporated Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 0.40 0.42 0.41 0.39 0.38

Competitive Comparison of Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets

For the Asset Management subindustry, Flaherty & Crumrine Preferred andome Securities Fundorporated'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.


Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets falls into.


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Flaherty & Crumrine Preferred andome Securities Fundorporated 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.

Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2024 is calculated as:

Liabilities-to-Assets (A: Nov. 2024 )=Total Liabilities/Total Assets
=509.007/1343.047
=0.38

Flaherty & Crumrine Preferred andome Securities Fundorporated's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2024 is calculated as

Liabilities-to-Assets (Q: Nov. 2024 )=Total Liabilities/Total Assets
=509.007/1343.047
=0.38

* 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.


Flaherty & Crumrine Preferred andome Securities Fundorporated  (NYSE:FFC) 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.


Flaherty & Crumrine Preferred andome Securities Fundorporated Liabilities-to-Assets Related Terms

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Flaherty & Crumrine Preferred andome Securities Fundorporated Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Preferred and Income Securities Fund Incorporated is a diversified, closed-end management investment company. The fund's investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a diversified portfolio of preferred securities.
Executives
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: CFO, VP, Treasurer & Secretary 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Donald F Crumrine director, officer: Chairman, CEO 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chief Acct Of,Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101