Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) LT-Debt-to-Total-Asset : 0.30 (As of Apr. 2018)

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What is Advent/claymore Enhanced Growth &ome LT-Debt-to-Total-Asset?

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. Advent/claymore Enhanced Growth &ome's long-term debt to total assests ratio for the quarter that ended in Apr. 2018 was 0.30.

Advent/claymore Enhanced Growth &ome's long-term debt to total assets ratio increased from . 20 (0.00) to Apr. 2018 (0.30). It may suggest that Advent/claymore Enhanced Growth &ome is progressively becoming more dependent on debt to grow their business.

Advent/claymore Enhanced Growth &ome LT-Debt-to-Total-Asset Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome'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.

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Advent/claymore Enhanced Growth &ome LT-Debt-to-Total-Asset Chart

Advent/claymore Enhanced Growth &ome Annual Data

Trend

Oct17

LT-Debt-to-Total-Asset

0.28

Advent/claymore Enhanced Growth &ome Semi-Annual Data
	Oct17	Apr18
LT-Debt-to-Total-Asset	0.28	0.30

Advent/claymore Enhanced Growth &ome LT-Debt-to-Total-Asset Calculation

Advent/claymore Enhanced Growth &ome's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2017 is calculated as

LT Debt to Total Assets (A: Oct. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2017 )	/	Total Assets (A: Oct. 2017 )
	=	35.007	/	124.87
	=	0.28

Advent/claymore Enhanced Growth &ome's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2018 is calculated as

LT Debt to Total Assets (Q: Apr. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2018 )	/	Total Assets (Q: Apr. 2018 )
	=	35.124	/	118.69
	=	0.30

Advent/claymore Enhanced Growth &ome (NYSE:LCM) 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.

Advent/claymore Enhanced Growth &ome LT-Debt-to-Total-Asset Related Terms

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent/claymore Enhanced Growth & Income (NYSE:LCM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.guggenheiminvestments.com

Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.

Executives

Tony Huang	officer: V.P. & Assistant Secretary	227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos	10 percent owner	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels	10 percent owner	72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland	director, officer: Chairman, CEO & President, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes	director, other: Trustee	2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko	other: Managing Director	1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk	officer: CCO & Secy	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz	officer: Chief Compliance Officer	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina	director, other: Trustee	ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen	other: Portfolio Manager	2455 CORPORATE WEST DRIVE, LISLE IL 60532

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