Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Equity-to-Asset : 0.76 (As of Aug. 2023)

Allspring Utilities and Highome Fund Equity-to-Asset Chart

Allspring Utilities and Highome Fund Annual Data
	Trend	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Equity-to-Asset		Get a 7-Day Free Trial					0.80	0.83	0.82	0.79	0.76

Allspring Utilities and Highome Fund Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Equity-to-Asset	Get a 7-Day Free Trial															0.82	0.79	0.79	0.77	0.76

Competitive Comparison of Allspring Utilities and Highome Fund's Equity-to-Asset

For the Asset Management subindustry, Allspring Utilities and Highome 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.

Allspring Utilities and Highome Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Allspring Utilities and Highome Fund's Equity-to-Asset falls into.

Allspring Utilities and Highome 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.

Allspring Utilities and Highome Fund's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Allspring Utilities and Highome Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

* 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.

Allspring Utilities and Highome Fund  (AMEX:ERH) 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%.

Allspring Utilities and Highome Fund Equity-to-Asset Related Terms

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Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Business Description