* 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.
Virtus Convertible &ome 2024 Target Term Fund Equity-to-Asset Chart
Virtus Convertible &ome 2024 Target Term Fund Annual Data
Trend
Feb19
Feb20
Feb21
Jan23
Jan24
Equity-to-Asset
0.70
0.71
0.73
0.69
0.87
Virtus Convertible &ome 2024 Target Term Fund Semi-Annual Data
Competitive Comparison of Virtus Convertible &ome 2024 Target Term Fund's Equity-to-Asset
For the Asset Management subindustry, Virtus Convertible &ome 2024 Target Term 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.
Virtus Convertible &ome 2024 Target Term Fund's Equity-to-Asset Distribution in the Asset Management Industry
* The bar in red indicates where Virtus Convertible &ome 2024 Target Term Fund's Equity-to-Asset falls into.
Virtus Convertible &ome 2024 Target Term 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.
* 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.
Virtus Convertible &ome 2024 Target Term Fund (NYSE:CBH) 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%.
Virtus Convertible &ome 2024 Target Term Fund Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Virtus Convertible &ome 2024 Target Term Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Business Description
AllianzGI Convertible & Income 2024 Target Term Fund is a diversified, closed-end management investment company. The fund's investment objectives are to provide a high level of income and to returns. The group invests in various sectors such as Aerospace and Defense, Healthcare-Services, Machinery-Construction and Mining, Pharmaceuticals, Transportation, Textiles, Apparel and Luxury Goods, Diversified Financial Services, Auto Components and others.
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