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GNT (GAMCO Natural Resources, Gold &ome Trust) Liabilities-to-Assets : 0.03 (As of Jun. 2024)


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What is GAMCO Natural Resources, Gold &ome 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. GAMCO Natural Resources, Gold &ome Trust's Total Liabilities for the quarter that ended in Jun. 2024 was $4.27 Mil. GAMCO Natural Resources, Gold &ome Trust's Total Assets for the quarter that ended in Jun. 2024 was $142.98 Mil. Therefore, GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.03.


GAMCO Natural Resources, Gold &ome Trust Liabilities-to-Assets Historical Data

The historical data trend for GAMCO Natural Resources, Gold &ome 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.

GAMCO Natural Resources, Gold &ome Trust Liabilities-to-Assets Chart

GAMCO Natural Resources, Gold &ome Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.24 0.28 0.25 0.25 0.24

GAMCO Natural Resources, Gold &ome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.26 0.25 0.25 0.24 0.03

Competitive Comparison of GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets

For the Asset Management subindustry, GAMCO Natural Resources, Gold &ome 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.


GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets falls into.



GAMCO Natural Resources, Gold &ome 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.

GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=31.158/132.786
=0.23

GAMCO Natural Resources, Gold &ome Trust's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=4.27/142.979
=0.03

* 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.


GAMCO Natural Resources, Gold &ome Trust  (NYSE:GNT) 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.


GAMCO Natural Resources, Gold &ome Trust Liabilities-to-Assets Related Terms

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GAMCO Natural Resources, Gold &ome Trust Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums with its secondary objective being capital appreciation. Under normal market conditions, the company invests majority of its assets in securities of companies principally engaged in the natural resources and gold industries, and also engages in writing covered call options on the underlying equity securities. Its portfolio consists of securities from different sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.
Executives
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady officer: Treasurer & Secretary ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
William F Heitmann director 1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580