GOF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.78 Max: 0.98
Current: 0.76
During the past 7 years, the highest Equity to Asset Ratio of Guggenheim Strategic Opportunities Fund was 0.98. The lowest was 0.61. And the median was 0.78.
GOF's Equity-to-Asset is ranked worse than 57.57% of 1723
companies
in the Asset Management industry
Industry Median: 0.83
vs GOF: 0.76
Guggenheim Strategic Opportunities Fund Equity-to-Asset Historical Data
* 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.
Guggenheim Strategic Opportunities Fund Equity-to-Asset Chart
Guggenheim Strategic Opportunities Fund Annual Data
Competitive Comparison of Guggenheim Strategic Opportunities Fund's Equity-to-Asset
For the Asset Management subindustry, Guggenheim Strategic 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.
Guggenheim Strategic Opportunities Fund's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Guggenheim Strategic Opportunities Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Guggenheim Strategic Opportunities Fund's Equity-to-Asset falls into.
Guggenheim Strategic 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.
* 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.
Guggenheim Strategic Opportunities Fund (NYSE:GOF) 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%.
Guggenheim Strategic Opportunities Fund Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Guggenheim Strategic Opportunities Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Business Description
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
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