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Canadian Highome Equity Fund (TSX:CIQ.UN) Liabilities-to-Assets : 0.01 (As of Dec. 2023)


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What is Canadian Highome 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. Canadian Highome Equity Fund's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.11 Mil. Canadian Highome Equity Fund's Total Assets for the quarter that ended in Dec. 2023 was C$7.40 Mil. Therefore, Canadian Highome Equity Fund's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.01.


Canadian Highome Equity Fund Liabilities-to-Assets Historical Data

The historical data trend for Canadian Highome 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.

Canadian Highome Equity Fund Liabilities-to-Assets Chart

Canadian Highome Equity Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Canadian Highome Equity Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Canadian Highome Equity Fund's Liabilities-to-Assets

For the Asset Management subindustry, Canadian Highome 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.


Canadian Highome Equity Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

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

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



Canadian Highome 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.

Canadian Highome Equity Fund'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
=0.106/7.404
=0.01

Canadian Highome Equity Fund'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
=0.106/7.404
=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.


Canadian Highome Equity Fund  (TSX:CIQ.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.


Canadian Highome Equity Fund Liabilities-to-Assets Related Terms

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Canadian Highome Equity Fund (TSX:CIQ.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Canadian High Income Equity Fund is a closed-end investment fund. Its investment objectives are to provide unitholders with a high monthly cash Distribution and the opportunity for capital appreciation, through investment in an actively managed portfolio of publicly listed or traded Canadian securities. It seeks to achieve its investment objectives by investing the Fund Property in an actively managed portfolio of publicly traded or listed Canadian securities including income trusts, royalty trusts, real estate investment trusts, dividend paying common equities, preferred securities and, to a lesser extent, non-dividend paying equities and foreign securities, managed by the Investment Manager.

Canadian Highome Equity Fund (TSX:CIQ.UN) Headlines

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