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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Liabilities-to-Assets : 0.31 (As of Apr. 2018)


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What is Advent/claymore Enhanced Growth &ome Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Advent/claymore Enhanced Growth &ome's Total Liabilities for the quarter that ended in Apr. 2018 was $36.85 Mil. Advent/claymore Enhanced Growth &ome's Total Assets for the quarter that ended in Apr. 2018 was $118.69 Mil. Therefore, Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2018 was 0.31.


Advent/claymore Enhanced Growth &ome Liabilities-to-Assets Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets 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.

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Advent/claymore Enhanced Growth &ome Liabilities-to-Assets Chart

Advent/claymore Enhanced Growth &ome Annual Data
Trend Oct17
Liabilities-to-Assets
0.31

Advent/claymore Enhanced Growth &ome Semi-Annual Data
Oct17 Apr18
Liabilities-to-Assets 0.31 0.31

Competitive Comparison of Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets

For the Asset Management subindustry, Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets falls into.



Advent/claymore Enhanced Growth &ome Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2017 is calculated as:

Liabilities-to-Assets (A: Oct. 2017 )=Total Liabilities/Total Assets
=38.11/124.87
=0.31

Advent/claymore Enhanced Growth &ome's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2018 is calculated as

Liabilities-to-Assets (Q: Apr. 2018 )=Total Liabilities/Total Assets
=36.849/118.69
=0.31

* 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.


Advent/claymore Enhanced Growth &ome  (NYSE:LCM) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Advent/claymore Enhanced Growth &ome Liabilities-to-Assets Related Terms

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Traded in Other Exchanges
N/A
Address
Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.
Executives
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland director, officer: Chairman, CEO & President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk officer: CCO & Secy 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz officer: Chief Compliance Officer 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina director, other: Trustee ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen other: Portfolio Manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

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