Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Debt-to-Equity : 0.46 (As of Oct. 2023)

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What is Calamos Dynamic Convertible andome Fund Debt-to-Equity?

Calamos Dynamic Convertible andome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Calamos Dynamic Convertible andome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $210.00 Mil. Calamos Dynamic Convertible andome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $459.37 Mil. Calamos Dynamic Convertible andome Fund's debt to equity for the quarter that ended in Oct. 2023 was 0.46.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Calamos Dynamic Convertible andome Fund's Debt-to-Equity or its related term are showing as below:

CCD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.37 Max: 0.46
Current: 0.46

During the past 7 years, the highest Debt-to-Equity Ratio of Calamos Dynamic Convertible andome Fund was 0.46. The lowest was 0.33. And the median was 0.37.

CCD's Debt-to-Equity is ranked worse than
72.03% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs CCD: 0.46

Calamos Dynamic Convertible andome Fund Debt-to-Equity Historical Data

The historical data trend for Calamos Dynamic Convertible andome Fund's Debt-to-Equity 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.

Calamos Dynamic Convertible andome Fund Debt-to-Equity Chart

Calamos Dynamic Convertible andome Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.37

0.33

0.34

0.44

0.46

Calamos Dynamic Convertible andome Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial								0.34	0.45	0.44	0.41	0.46

Competitive Comparison of Calamos Dynamic Convertible andome Fund's Debt-to-Equity

For the Asset Management subindustry, Calamos Dynamic Convertible andome Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Calamos Dynamic Convertible andome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos Dynamic Convertible andome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Calamos Dynamic Convertible andome Fund's Debt-to-Equity falls into.

Calamos Dynamic Convertible andome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Calamos Dynamic Convertible andome Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	210)	/	459.365
	=	0.46

Calamos Dynamic Convertible andome Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	210)	/	459.365
	=	0.46

Calamos Dynamic Convertible andome Fund (NAS:CCD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Calamos Dynamic Convertible andome Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Calamos Dynamic Convertible andome Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Calamos Dynamic Convertible and Income Fund (NAS:CCD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Calamos Court, Naperville, IL, USA, 60563-2787

Website

https://www.calamos.com

Calamos Dynamic Convertible and Income Fund operate as a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. It predominantly invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.

Executives

Erik D. Ojala	officer: VP, Sec'y & Chief Legal Off.	2020 CALAMOS CT., NAPERVILLE IL 60563
Mark Mickey	officer: Chief Compliance Officer	2020 CALAMOS COURT, NAPERVILLE IL 60563
Susan L Schoenberger	officer: VP and Assistant Secretary	2020 CALAMOS COURT, NAPERVILLE IL 60563
Northwestern Mutual Life Insurance Co	10 percent owner	720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
Thrivent Financial For Lutherans	10 percent owner	901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Daniel Dufresne	officer: Vice President	2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Atkins	officer: Treasurer	2020 CALAMOS COURT, NAPERVILLE IL 60563
David D Tripple	director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Christopher M Toub	director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Karen Stuckey	director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Dave Vanisko	officer: Treasurer	2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos John P Sr	director, officer: Chairman & President	2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos Family Partners, Inc.	other: Ultimate Parent of Inv Adviser	2020 CALAMOS COURT, NAPERVILLE IL 60563
Lloyd Wennlund	director	2020 CALAMOS COURT, NAPERVILLE IL 60563