PFD (Flaherty & Crumrine Prefd Fund) Liabilities-to-Assets : 0.36 (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.

PFD Flaherty & Crumrine Prefd Inc Fund Inc PFD
30 GF Score
Price $11.61
! 6 Warning Signs
View Full Analysis

What is Flaherty & Crumrine Prefd Fund Liabilities-to-Assets?

Flaherty & Crumrine Prefd Fund PFD +0.17% 30 Liabilities-to-Assets is 0.36 as of Nov. 2025. GuruFocus rates PFD with a GF Score™ of 30/100. The stock has 6 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. Flaherty & Crumrine Prefd Fund's Total Liabilities for the quarter that ended in Nov. 2025 was $91.74 Mil. Flaherty & Crumrine Prefd Fund's Total Assets for the quarter that ended in Nov. 2025 was $254.36 Mil. Therefore, Flaherty & Crumrine Prefd Fund's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2025 was 0.36.


Flaherty & Crumrine Prefd Fund  (NYSE: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.


Flaherty & Crumrine Prefd Fund Liabilities-to-Assets Related Terms


Flaherty & Crumrine Prefd Fund Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Flaherty & Crumrine Prefd 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.

Flaherty & Crumrine Prefd Fund Liabilities-to-Assets Chart

Flaherty & Crumrine Prefd Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.34 0.39 0.40 0.37 0.36

Flaherty & Crumrine Prefd Fund 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 0.40 0.38 0.37 0.38 0.36

PFD vs IGA, MSD, MPA: Liabilities-to-Assets Comparison

For the Asset Management subindustry, Flaherty & Crumrine Prefd 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.


Flaherty & Crumrine Prefd Fund Liabilities-to-Assets vs Asset Management Industry

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

* The bar in red indicates where Flaherty & Crumrine Prefd Fund's Liabilities-to-Assets falls into.


PFD
30GF Score
Flaherty & Crumrine Prefd Inc Fund Inc PFD
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flaherty & Crumrine Prefd 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.

Flaherty & Crumrine Prefd Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2025 is calculated as:

Liabilities-to-Assets (A: Nov. 2025 )=Total Liabilities/Total Assets
=91.735/254.357
=0.36

Flaherty & Crumrine Prefd Fund'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
=91.735/254.357
=0.36

* 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 0.36 mean?
Flaherty & Crumrine Prefd Fund (PFD) has a Liabilities-to-Assets of 0.36 as of Nov. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Flaherty & Crumrine Prefd Fund and its competitors.
Is Flaherty & Crumrine Prefd Fund's Liabilities-to-Assets too high?
Flaherty & Crumrine Prefd Fund's current Liabilities-to-Assets is 0.36. Overall, Flaherty & Crumrine Prefd Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Prefd Fund's Liabilities-to-Assets compare to IGA and MSD?
Flaherty & Crumrine Prefd Fund's Liabilities-to-Assets of 0.36 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 Flaherty & Crumrine Prefd Fund and its competitors. Flaherty & Crumrine Prefd Fund's current Liabilities-to-Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Prefd Fund stock overvalued right now?
Flaherty & Crumrine Prefd Fund (PFD) has a current Liabilities-to-Assets of 0.36. The current Liabilities-to-Assets is 0.36. Flaherty & Crumrine Prefd Fund's overall GF Score™ is 30/100 with 6 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 Flaherty & Crumrine Prefd Fund (PFD), the current Liabilities-to-Assets is 0.36 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.

Flaherty & Crumrine Prefd Fund Business Description

Address 301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The fund invests in a diversified portfolio of preferred securities, which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
30GF Score

Get the complete analysis for PFD

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

$11.61
Price