Redwood Monthlyome Fund (TSX:VIP.UN) Liabilities-to-Assets : 0.01 (As of Dec. 2017)


What is Redwood Monthlyome Fund Liabilities-to-Assets?

Redwood Monthlyome Fund TSX:VIP.UN Liabilities-to-Assets is 0.01 as of Dec. 2017.

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. Redwood Monthlyome Fund's Total Liabilities for the quarter that ended in Dec. 2017 was C$0.95 Mil. Redwood Monthlyome Fund's Total Assets for the quarter that ended in Dec. 2017 was C$131.67 Mil. Therefore, Redwood Monthlyome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2017 was 0.01.

Redwood Monthlyome Fund  (TSX:VIP.UN) 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.

Redwood Monthlyome Fund Liabilities-to-Assets Related Terms

Redwood Monthlyome Fund Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Redwood Monthlyome 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.

Redwood Monthlyome Fund Liabilities-to-Assets Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.12 0.02 0.01 0.01

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.02 0.01 0.01 0.01 0.01

TSX:VIP.UN vs MDLY, GARS, ICMB: Liabilities-to-Assets Comparison

For the Asset Management subindustry, Redwood Monthlyome 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.

Redwood Monthlyome Fund Liabilities-to-Assets vs Asset Management Industry

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

* The bar in red indicates where Redwood Monthlyome Fund's Liabilities-to-Assets falls into.


Redwood Monthlyome 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.

Redwood Monthlyome Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=0.95/131.665
=0.01

Redwood Monthlyome Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2017 is calculated as

Liabilities-to-Assets (Q: Dec. 2017 )=Total Liabilities/Total Assets
=0.95/131.665
=0.01

* 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 0.01 mean?
Redwood Monthlyome Fund (TSX:VIP.UN) has a Liabilities-to-Assets of 0.01 as of Dec. 2017. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Redwood Monthlyome Fund and its competitors.
Is Redwood Monthlyome Fund's Liabilities-to-Assets too high?
Redwood Monthlyome Fund's current Liabilities-to-Assets is 0.01.
How does Redwood Monthlyome Fund's Liabilities-to-Assets compare to MDLY and GARS?
Redwood Monthlyome Fund's Liabilities-to-Assets of 0.01 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 Redwood Monthlyome Fund and its competitors. Redwood Monthlyome Fund's current Liabilities-to-Assets is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (TSX:VIP.UN) has a current Liabilities-to-Assets of 0.01. The current Liabilities-to-Assets is 0.01. 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 Redwood Monthlyome Fund (TSX:VIP.UN), the current Liabilities-to-Assets is 0.01 as of Dec. 2017. 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.

Redwood Monthlyome Fund Business Description

Address 130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.