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The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) Liabilities-to-Assets : 0.12 (As of Dec. 2023)


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What is The Gabelli Global Small and Mid Cap Value 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 Global Small and Mid Cap Value Trust's Total Liabilities for the quarter that ended in Dec. 2023 was $16.30 Mil. The Gabelli Global Small and Mid Cap Value Trust's Total Assets for the quarter that ended in Dec. 2023 was $132.80 Mil. Therefore, The Gabelli Global Small and Mid Cap Value Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.12.


The Gabelli Global Small and Mid Cap Value Trust Liabilities-to-Assets Historical Data

The historical data trend for The Gabelli Global Small and Mid Cap Value 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 Global Small and Mid Cap Value Trust Liabilities-to-Assets Chart

The Gabelli Global Small and Mid Cap Value Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.02 0.02 0.19 0.22 0.12

The Gabelli Global Small and Mid Cap Value Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.26 0.22 0.21 0.12

Competitive Comparison of The Gabelli Global Small and Mid Cap Value Trust's Liabilities-to-Assets

For the Asset Management subindustry, The Gabelli Global Small and Mid Cap Value 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 Global Small and Mid Cap Value Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Gabelli Global Small and Mid Cap Value Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where The Gabelli Global Small and Mid Cap Value Trust's Liabilities-to-Assets falls into.



The Gabelli Global Small and Mid Cap Value 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 Global Small and Mid Cap Value 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
=16.303/132.799
=0.12

The Gabelli Global Small and Mid Cap Value Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=16.303/132.799
=0.12

* 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 Global Small and Mid Cap Value Trust  (NYSE:GGZ) 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 Global Small and Mid Cap Value Trust Liabilities-to-Assets Related Terms

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The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
The Gabelli Global Small and Mid Cap Value Trust is a diversified closed-end management investment company whose investment objective is long-term capital growth. It invests in equity securities such as common stock and preferred stock of companies.
Executives
Kevin V. Dreyer director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Birch 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
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
James P Conn director
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Agnes Mullady officer: Treasurer 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
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580

The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) Headlines