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Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Equity-to-Asset : 0.54 (As of Oct. 2023)


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What is Saba Capitalome & Opportunities Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Saba Capitalome & Opportunities Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $353.87 Mil. Saba Capitalome & Opportunities Fund's Total Assets for the quarter that ended in Oct. 2023 was $649.97 Mil. Therefore, Saba Capitalome & Opportunities Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.54.

The historical rank and industry rank for Saba Capitalome & Opportunities Fund's Equity-to-Asset or its related term are showing as below:

BRW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.69   Max: 0.93
Current: 0.54

During the past 6 years, the highest Equity to Asset Ratio of Saba Capitalome & Opportunities Fund was 0.93. The lowest was 0.54. And the median was 0.69.

BRW's Equity-to-Asset is ranked worse than
80.67% of 1723 companies
in the Asset Management industry
Industry Median: 0.83 vs BRW: 0.54

Saba Capitalome & Opportunities Fund Equity-to-Asset Historical Data

The historical data trend for Saba Capitalome & Opportunities Fund'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.

Saba Capitalome & Opportunities Fund Equity-to-Asset Chart

Saba Capitalome & Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial 0.69 0.68 0.93 0.67 0.54

Saba Capitalome & Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Apr22 Oct22 Apr23 Oct23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.76 0.67 0.62 0.54

Competitive Comparison of Saba Capitalome & Opportunities Fund's Equity-to-Asset

For the Asset Management subindustry, Saba Capitalome & Opportunities Fund'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.


Saba Capitalome & Opportunities Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Saba Capitalome & Opportunities Fund's Equity-to-Asset falls into.



Saba Capitalome & Opportunities Fund 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.

Saba Capitalome & Opportunities Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=353.867/649.972
=0.54

Saba Capitalome & Opportunities Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=353.867/649.972
=0.54

* 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.


Saba Capitalome & Opportunities Fund  (NYSE:BRW) 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%.


Saba Capitalome & Opportunities Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Saba Capitalome & Opportunities Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 58th Floor, New York, NY, USA, 10174
Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Troy M Statczar officer: Principle Financial Officer 3 CANAL PLAZA, PORTLAND ME 04101
Nitin Sapru officer: Vice President 405 LEXINGTON AVE, 58TH FLOOR, NEW YORK NY 10174
Michael D'angelo officer: Secretary 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Patrick J Keniston officer: Chief Compliance Officer FORESIDE COMPLIANCE SERVICES, LLC, THREE CANAL PLAZA, SUITE 100, PORTLAND ME 04101
Pierre Weinstein officer: Chief Executive Officer C/O SABA CAPITAL MANAGEMENT L.P., 405 LEXINGTON AVENUE, 5TH FLOOR, NEW YORK NY 10174
Christopher P Sullivan other: Former Trustee 27 LEE TERRACE, SHORT HILLS NJ 07078
Thomas Bumbolow director C/O VOYA PRIME RATE TRUST, 7337 EAST DOUBLETREE RANCH RD., STE 100, SCOTTSDALE AZ 85258
Neal Neilinger director 126 CLAPBOARD RIDGE ROAD, GREENWICH CT 06830
Charles I Clarvit director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kieran Goodwin director 925 PARK AVENUE 11B, NEW YORK NY 10028
Ketu Desai director 999 RIVERVIEW DR, SUITE 201, TOTOWA NJ 07512
Karen Caldwell director 10125 SOUTH BELL AVENUE, CHICAGO IL 60643
Aditya Bindal director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Andrew Kellerman director 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174

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