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Highland Opportunities andome Fund (Highland Opportunities andome Fund) Equity-to-Asset : 0.84 (As of Dec. 2023)


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What is Highland Opportunities andome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Highland Opportunities andome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $870.42 Mil. Highland Opportunities andome Fund's Total Assets for the quarter that ended in Dec. 2023 was $1,041.22 Mil. Therefore, Highland Opportunities andome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

HFRO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.78   Max: 0.85
Current: 0.84

During the past 6 years, the highest Equity to Asset Ratio of Highland Opportunities andome Fund was 0.85. The lowest was 0.63. And the median was 0.78.

HFRO's Equity-to-Asset is ranked better than
52.17% of 1727 companies
in the Asset Management industry
Industry Median: 0.82 vs HFRO: 0.84

Highland Opportunities andome Fund Equity-to-Asset Historical Data

The historical data trend for Highland Opportunities andome 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.

Highland Opportunities andome Fund Equity-to-Asset Chart

Highland Opportunities andome Fund Annual Data
Trend Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.63 0.73 0.85 0.84 0.84

Highland Opportunities andome Fund 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 0.85 0.84 0.84 0.85 0.84

Competitive Comparison of Highland Opportunities andome Fund's Equity-to-Asset

For the Asset Management subindustry, Highland Opportunities andome 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.


Highland Opportunities andome Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Highland Opportunities andome Fund's Equity-to-Asset falls into.



Highland Opportunities andome 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.

Highland Opportunities andome Fund'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
=870.416/1041.221
=0.84

Highland Opportunities andome Fund'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
=870.416/1041.221
=0.84

* 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.


Highland Opportunities andome Fund  (NYSE:HFRO) 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%.


Highland Opportunities andome Fund Equity-to-Asset Related Terms

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


Highland Opportunities andome Fund (Highland Opportunities andome Fund) Business Description

Traded in Other Exchanges
Address
300 Crescent Court, Suite 700, Dallas, TX, USA, 75201
Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of current income, consistent with the preservation of capital. The company's portfolio of investments includes different industry investments such as financial, chemicals, energy, healthcare, industrial, manufacturing, and others.
Executives
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
Stephanie Vitiello officer: Chief Compliance Officer NEXPOINT DIVERSIFIED REAL ESTATE TRUST, 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Brian Mitts officer: PEO, PFO & Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Dustin David Norris director, officer: Secretary 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
James Bradley Ross officer: See Remarks 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Bryan A Ward director 3625 ROSEDALE, DALLAS TX 75205
Robert Jason Post officer: Chief Compliance Officer 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Clifford Stoops officer: Assistant Treasurer 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Frank George Waterhouse officer: See Remarks 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Ethan Powell director 2515 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
John Honis director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Timothy K Hui director 48 WILLOW GREEN DRIVE, CHURCHVILLE PA 18966
Parker Lee Blackwell Iii officer: Executive Vice President 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201