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The Gabelli Go Anywhere Trust (The Gabelli Go Anywhere Trust) Liabilities-to-Assets : 0.02 (As of Jun. 2021)


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What is The Gabelli Go Anywhere Trust 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. The Gabelli Go Anywhere Trust's Total Liabilities for the quarter that ended in Jun. 2021 was $0.63 Mil. The Gabelli Go Anywhere Trust's Total Assets for the quarter that ended in Jun. 2021 was $38.99 Mil. Therefore, The Gabelli Go Anywhere Trust's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 was 0.02.


The Gabelli Go Anywhere Trust Liabilities-to-Assets Historical Data

The historical data trend for The Gabelli Go Anywhere Trust'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.

The Gabelli Go Anywhere Trust Liabilities-to-Assets Chart

The Gabelli Go Anywhere Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
0.01 0.03 - - 0.01

The Gabelli Go Anywhere Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.01 0.02

Competitive Comparison of The Gabelli Go Anywhere Trust's Liabilities-to-Assets

For the Asset Management subindustry, The Gabelli Go Anywhere Trust'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.


The Gabelli Go Anywhere Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Gabelli Go Anywhere Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where The Gabelli Go Anywhere Trust's Liabilities-to-Assets falls into.



The Gabelli Go Anywhere Trust 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.

The Gabelli Go Anywhere Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=0.184/33.795
=0.01

The Gabelli Go Anywhere Trust's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2021 is calculated as

Liabilities-to-Assets (Q: Jun. 2021 )=Total Liabilities/Total Assets
=0.634/38.987
=0.02

* 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.


The Gabelli Go Anywhere Trust  (AMEX:GGO.PRA.PFD) 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.


The Gabelli Go Anywhere Trust Liabilities-to-Assets Related Terms

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The Gabelli Go Anywhere Trust (The Gabelli Go Anywhere Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
The Gabelli Go Anywhere Trust is a non-diversified, closed-end investment management company. Its investment objective is total return, consisting of capital appreciation and current income. The Fund intends to invest primarily in a broad range of equity securities consisting of common stock, preferred stock, convertible or exchangeable securities, depositary receipts, and warrants & rights, under normal market conditions. The Fund invests in various sectors, of which U.S. Government Obligations, Financial Services, Cable & Satellite, Machinery, Healthcare, and Building & Construction sector account for majority weightage.
Executives
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Christina A. Peeney 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
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: President ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Joseph H Egan officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Michael J. Cosgrove director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580

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