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Aberdeen Australia Equity Fund (Aberdeen Australia Equity Fund) Liabilities-to-Assets : 0.08 (As of Oct. 2023)


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What is Aberdeen Australia Equity 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. Aberdeen Australia Equity Fund's Total Liabilities for the quarter that ended in Oct. 2023 was $9.75 Mil. Aberdeen Australia Equity Fund's Total Assets for the quarter that ended in Oct. 2023 was $119.90 Mil. Therefore, Aberdeen Australia Equity Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 was 0.08.


Aberdeen Australia Equity Fund Liabilities-to-Assets Historical Data

The historical data trend for Aberdeen Australia Equity 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.

Aberdeen Australia Equity Fund Liabilities-to-Assets Chart

Aberdeen Australia Equity Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.06 0.06 0.08 0.08

Aberdeen Australia Equity Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.08 0.08 0.08

Competitive Comparison of Aberdeen Australia Equity Fund's Liabilities-to-Assets

For the Asset Management subindustry, Aberdeen Australia Equity 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.


Aberdeen Australia Equity Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Australia Equity Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Aberdeen Australia Equity Fund's Liabilities-to-Assets falls into.



Aberdeen Australia Equity 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.

Aberdeen Australia Equity Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Liabilities-to-Assets (A: Oct. 2023 )=Total Liabilities/Total Assets
=9.745/119.904
=0.08

Aberdeen Australia Equity Fund's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2023 is calculated as

Liabilities-to-Assets (Q: Oct. 2023 )=Total Liabilities/Total Assets
=9.745/119.904
=0.08

* 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.


Aberdeen Australia Equity Fund  (AMEX:IAF) 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.


Aberdeen Australia Equity Fund Liabilities-to-Assets Related Terms

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Aberdeen Australia Equity Fund (Aberdeen Australia Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Aberdeen Australia Equity Fund Inc is a non-diversified closed-end investment management company. With a core focus on long-term capital appreciation, it invests predominantly in equity securities listed on the Australian Stock Exchange. Its secondary objective is current income, which it expects to derive from dividends and interest on Australian corporate and governmental securities. Its investment portfolio comprises diversified sectors that include Financials, Health Care, Materials, Information Technology, Real Estate, and other sectors.
Executives
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Andrew Kophamel other: Director of Investment Manager C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Radhika Ajmera director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Rene Buehlmann other: CEO/Director of Invest. Mngr. C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Chris Demetriou officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Adam Mccabe officer: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103