GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO CA Muni Income Fund III (NYSE:PZC) » Definitions » Equity-to-Asset

PIMCO CA Muniome Fund III (PIMCO CA Muniome Fund III) Equity-to-Asset : 0.87 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is PIMCO CA Muniome Fund III Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PIMCO CA Muniome Fund III's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $264.12 Mil. PIMCO CA Muniome Fund III's Total Assets for the quarter that ended in Dec. 2023 was $302.73 Mil. Therefore, PIMCO CA Muniome Fund III's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.

The historical rank and industry rank for PIMCO CA Muniome Fund III's Equity-to-Asset or its related term are showing as below:

PZC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.82   Max: 0.87
Current: 0.87

During the past 7 years, the highest Equity to Asset Ratio of PIMCO CA Muniome Fund III was 0.87. The lowest was 0.56. And the median was 0.82.

PZC's Equity-to-Asset is ranked better than
56.4% of 1727 companies
in the Asset Management industry
Industry Median: 0.82 vs PZC: 0.87

PIMCO CA Muniome Fund III Equity-to-Asset Historical Data

The historical data trend for PIMCO CA Muniome Fund III's Equity-to-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.

* Premium members only.

PIMCO CA Muniome Fund III Equity-to-Asset Chart

PIMCO CA Muniome Fund III Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.77 0.82 0.82 0.56 0.87

PIMCO CA Muniome Fund III Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.83 0.56 0.56 0.87

Competitive Comparison of PIMCO CA Muniome Fund III's Equity-to-Asset

For the Asset Management subindustry, PIMCO CA Muniome Fund III's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


PIMCO CA Muniome Fund III's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PIMCO CA Muniome Fund III's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PIMCO CA Muniome Fund III's Equity-to-Asset falls into.



PIMCO CA Muniome Fund III Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PIMCO CA Muniome Fund III's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=264.123/302.733
=0.87

PIMCO CA Muniome Fund III's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=264.123/302.733
=0.87

* 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.


PIMCO CA Muniome Fund III  (NYSE:PZC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PIMCO CA Muniome Fund III Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of PIMCO CA Muniome Fund III's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PIMCO CA Muniome Fund III (PIMCO CA Muniome Fund III) Business Description

Traded in Other Exchanges
N/A
Address
1633 Broadway, New York, NY, USA, 10019
PIMCO CA Muni Income Fund III operates as a closed-end management investment company. The investment objective of the fund is to seek to provide current income exempt from federal and California income tax. Its portfolio of investments includes investment in different sectors such as education, healthcare, industrial and others.
Executives
Kyle Francis Christine other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Maria Marchenko Golota officer: ASSISTANT TREASURER C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Raul Duran officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Gregory John Mason officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Sonali Shah Pier other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Jason Robert Steiner other: SEE REMARKS 650 NEWPORT CENTER DR., NEWPORT BEACH CA 92660
Douglas Benjamin Burrill officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kenneth W. Lee officer: Vice President C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kathleen Ann Mccartney director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Keith Adam Werber officer: VICE PRESIDENT C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Elizabeth Davis Cantrill other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Julie Ann Meggers other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mark Allen Jelic officer: Vice President C/O PACIFIC INVESTMENT MANAGEMENT, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Grace Vandecruze director 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Nadia Zakir other: SEE REMARKS C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660

PIMCO CA Muniome Fund III (PIMCO CA Muniome Fund III) Headlines