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SRH Total Return Fund, (SRH Total Return Fund,) Equity-to-Asset : 0.88 (As of Nov. 2023)


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What is SRH Total Return Fund, Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SRH Total Return Fund,'s Total Stockholders Equity for the quarter that ended in Nov. 2023 was $1,633.7 Mil. SRH Total Return Fund,'s Total Assets for the quarter that ended in Nov. 2023 was $1,860.0 Mil. Therefore, SRH Total Return Fund,'s Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.88.

The historical rank and industry rank for SRH Total Return Fund,'s Equity-to-Asset or its related term are showing as below:

STEW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83   Med: 0.88   Max: 1
Current: 0.88

During the past 7 years, the highest Equity to Asset Ratio of SRH Total Return Fund, was 1.00. The lowest was 0.83. And the median was 0.88.

STEW's Equity-to-Asset is ranked better than
57.7% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs STEW: 0.88

SRH Total Return Fund, Equity-to-Asset Historical Data

The historical data trend for SRH Total Return 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.

SRH Total Return Fund, Equity-to-Asset Chart

SRH Total Return Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 0.83 0.87 0.87 0.88

SRH Total Return Fund, Semi-Annual Data
May16 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 0.87 0.87 0.87 0.88

Competitive Comparison of SRH Total Return Fund,'s Equity-to-Asset

For the Asset Management subindustry, SRH Total Return 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.


SRH Total Return Fund,'s Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SRH Total Return Fund,'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SRH Total Return Fund,'s Equity-to-Asset falls into.



SRH Total Return 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.

SRH Total Return Fund,'s Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1633.673/1859.973
=0.88

SRH Total Return Fund,'s Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1633.673/1859.973
=0.88

* 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.


SRH Total Return Fund,  (NYSE:STEW) 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%.


SRH Total Return Fund, Equity-to-Asset Related Terms

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


SRH Total Return Fund, (SRH Total Return Fund,) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1850, Denver, CO, USA, 80290
SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total return. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value.
Executives
Thomas Jack Moore director 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jonathan Albro Vickery other: Officer of Advisor 1700 BROADWAY, SUITE 1230, DENVER CO 80290
Advisors Paralel other: Investment Adviser 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Stephen C Miller director, officer: President 2344 SPRUCE STREET, SUITE A, BOULDER CO 80302
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Ernest Horejsi Trust No 1b 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Stewart R. Horejsi Trust No. 2 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Mildred B. Horejsi Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Susan L Ciciora Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Stewart West Indies Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Lola Brown Trust 1b 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501

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