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Adams Natural Resources Fund (Adams Natural Resources Fund) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Adams Natural Resources Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Adams Natural Resources Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $633.45 Mil. Adams Natural Resources Fund's Total Assets for the quarter that ended in Dec. 2023 was $653.75 Mil. Therefore, Adams Natural Resources Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.97.

The historical rank and industry rank for Adams Natural Resources Fund's Equity-to-Asset or its related term are showing as below:

PEO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.97   Med: 0.98   Max: 1
Current: 0.97

During the past 7 years, the highest Equity to Asset Ratio of Adams Natural Resources Fund was 1.00. The lowest was 0.97. And the median was 0.98.

PEO's Equity-to-Asset is ranked better than
76.14% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs PEO: 0.97

Adams Natural Resources Fund Equity-to-Asset Historical Data

The historical data trend for Adams Natural Resources 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.

Adams Natural Resources Fund Equity-to-Asset Chart

Adams Natural Resources Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.97 0.98 0.99 0.99 0.97

Adams Natural Resources 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 0.99 1.00 0.99 0.99 0.97

Competitive Comparison of Adams Natural Resources Fund's Equity-to-Asset

For the Asset Management subindustry, Adams Natural Resources 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.


Adams Natural Resources Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Adams Natural Resources Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Adams Natural Resources Fund's Equity-to-Asset falls into.



Adams Natural Resources 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.

Adams Natural Resources 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
=633.447/653.749
=0.97

Adams Natural Resources 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
=633.447/653.749
=0.97

* 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.


Adams Natural Resources Fund  (NYSE:PEO) 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%.


Adams Natural Resources Fund Equity-to-Asset Related Terms

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


Adams Natural Resources Fund (Adams Natural Resources Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Natural Resources Fund Inc is a closed-end equity investment company specializing in energy and other natural resources stocks. The investment objectives of the fund are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. Its portfolio of investments comprises of different sector investments such as in the energy sector and basic materials.
Executives
Gregory W. Buckley officer: Executive Vice President 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Brian Stephen Hook officer: Treasurer ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kathleen T Mcgahran director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Phillip Goldstein 10 percent owner, other: See Explanation of Response 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner, other: See Explanation of Response 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner, other: See Explanation of Response PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Frederick D. Disanto 10 percent owner 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
Ancora Advisors, Llc 10 percent owner, other: Member of a Group 6060 PARKLAND BOULEVARD, SUITE 200, CLEVELAND OH 44124
James M Chadwick 10 percent owner C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202

Adams Natural Resources Fund (Adams Natural Resources Fund) Headlines