FMO (Fiduciary/Claymore Energy Infrastructure Fund) LT-Debt-to-Total-Asset: 0.15 (As of Nov. 2021)


FMO Fiduciary/Claymore Energy Infrastructure Fund FMO
40 GF Score
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What is Fiduciary/Claymore Energy Infrastructure Fund LT-Debt-to-Total-Asset?

Fiduciary/Claymore Energy Infrastructure Fund FMO 40 LT-Debt-to-Total-Asset is 0.15 as of Nov. 2021. GuruFocus rates FMO with a GF Score™ of 40/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Fiduciary/Claymore Energy Infrastructure Fund's long-term debt to total assests ratio for the quarter that ended in Nov. 2021 was 0.15.

Fiduciary/Claymore Energy Infrastructure Fund's long-term debt to total assets ratio declined from Nov. 2020 (0.18) to Nov. 2021 (0.15). It may suggest that Fiduciary/Claymore Energy Infrastructure Fund is progressively becoming less dependent on debt to grow their business.

Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Fiduciary/Claymore Energy Infrastructure Fund LT-Debt-to-Total-Asset Related Terms

Fiduciary/Claymore Energy Infrastructure Fund LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund's LT-Debt-to-Total-Asset 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.

Fiduciary/Claymore Energy Infrastructure Fund LT-Debt-to-Total-Asset Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
LT-Debt-to-Total-Asset
0.32 0.35 0.37 0.18 0.15

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.37 0.10 0.18 0.14 0.15
FMO
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Fiduciary/Claymore Energy Infrastructure Fund FMO
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiduciary/Claymore Energy Infrastructure Fund LT-Debt-to-Total-Asset Calculation

Fiduciary/Claymore Energy Infrastructure Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

LT Debt to Total Assets (A: Nov. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2021 )/Total Assets (A: Nov. 2021 )
=15.052/98.686
=0.15

Fiduciary/Claymore Energy Infrastructure Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2021 is calculated as

LT Debt to Total Assets (Q: Nov. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2021 )/Total Assets (Q: Nov. 2021 )
=15.052/98.686
=0.15

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.15 mean?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a LT-Debt-to-Total-Asset of 0.15 as of Nov. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors.
Is Fiduciary/Claymore Energy Infrastructure Fund's LT-Debt-to-Total-Asset too high?
Fiduciary/Claymore Energy Infrastructure Fund's current LT-Debt-to-Total-Asset is 0.15. Overall, Fiduciary/Claymore Energy Infrastructure Fund has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Fiduciary/Claymore Energy Infrastructure Fund's LT-Debt-to-Total-Asset compare to DTF and IAE?
Fiduciary/Claymore Energy Infrastructure Fund's LT-Debt-to-Total-Asset of 0.15 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 LT-Debt-to-Total-Asset for an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors. Fiduciary/Claymore Energy Infrastructure Fund's current LT-Debt-to-Total-Asset is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiduciary/Claymore Energy Infrastructure Fund stock overvalued right now?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a current LT-Debt-to-Total-Asset of 0.15. The current LT-Debt-to-Total-Asset is 0.15. Fiduciary/Claymore Energy Infrastructure Fund's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Fiduciary/Claymore Energy Infrastructure Fund (FMO), the current LT-Debt-to-Total-Asset is 0.15 as of Nov. 2021. 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.

Fiduciary/Claymore Energy Infrastructure Fund Business Description

Address 227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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