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Bexil (BXLC) Equity-to-Asset : 1.00 (As of Sep. 2023)


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What is Bexil Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bexil's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $25.37 Mil. Bexil's Total Assets for the quarter that ended in Sep. 2023 was $25.49 Mil. Therefore, Bexil's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 1.00.

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

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

During the past 8 years, the highest Equity to Asset Ratio of Bexil was 1.00. The lowest was 1.00. And the median was 1.00.

BXLC's Equity-to-Asset is ranked better than
99.83% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs BXLC: 1.00

Bexil Equity-to-Asset Historical Data

The historical data trend for Bexil'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.

Bexil Equity-to-Asset Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 0.99 0.98 0.96

Bexil Quarterly Data
Sep07 Dec07 Mar08 Jun08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep22 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.96 0.96 - 1.00

Competitive Comparison of Bexil's Equity-to-Asset

For the Asset Management subindustry, Bexil'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.


Bexil's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Bexil's Equity-to-Asset falls into.



Bexil 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.

Bexil's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Equity to Asset (A: Dec. 2011 )=Total Stockholders Equity/Total Assets
=35.532/36.849
=0.96

Bexil's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=25.374/25.491
=1.00

* 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.


Bexil  (OTCPK:BXLC) 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%.


Bexil Equity-to-Asset Related Terms

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


Bexil (BXLC) Business Description

Traded in Other Exchanges
N/A
Address
2255 Buffalo Road, Rochester, NY, USA, 12545
Bexil Corporation is a United States firm engaged through a wholly-owned subsidiary, Bexil Advisers LLC, in investment management. Bexil Advisers is a registered investment adviser and the investment manager to Dividend and Income Fund, a closed-end fund.
Executives
Mark Campbell Winmill 10 percent owner 3814 ROUTE 44, MILLBROOK NY 12545
John F Ramirez officer: Chief Compliance Officer 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Thomas Omalley officer: Chief Financial Officer 3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp officer: Chief Financial Officer 2255 BUFFALO ROAD, ROCHESTER NY 14624
Thomas Bassett Winmill director, 10 percent owner, officer: President P.O. BOX 4, WALPOLE NH 03608
Bassett Starr Winmill director, 10 percent owner, officer: Executive Chairman 11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii director 3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de 10 percent owner 11 HANOVER SQUARE, NEW YORK NY 10005