COHEN & STEERS TAX-ADV PRD SEC AND (COHEN & STEERS TAX-ADV PRD SEC AND) LT-Debt-to-Total-Asset : 0.37 (As of Oct. 2023)

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What is COHEN & STEERS TAX-ADV PRD SEC AND LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. COHEN & STEERS TAX-ADV PRD SEC AND's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.37.

COHEN & STEERS TAX-ADV PRD SEC AND's long-term debt to total assets ratio declined from Oct. 2022 (0.38) to Oct. 2023 (0.37). It may suggest that COHEN & STEERS TAX-ADV PRD SEC AND is progressively becoming less dependent on debt to grow their business.

COHEN & STEERS TAX-ADV PRD SEC AND LT-Debt-to-Total-Asset Historical Data

The historical data trend for COHEN & STEERS TAX-ADV PRD SEC AND's LT-Debt-to-Total-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.

COHEN & STEERS TAX-ADV PRD SEC AND LT-Debt-to-Total-Asset Chart

COHEN & STEERS TAX-ADV PRD SEC AND Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

0.32

0.38

0.37

COHEN & STEERS TAX-ADV PRD SEC AND Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.32	0.35	0.38	0.36	0.37

COHEN & STEERS TAX-ADV PRD SEC AND LT-Debt-to-Total-Asset Calculation

COHEN & STEERS TAX-ADV PRD SEC AND's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	600.11	/	1625.663
	=	0.37

COHEN & STEERS TAX-ADV PRD SEC AND's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	600.11	/	1625.663
	=	0.37

COHEN & STEERS TAX-ADV PRD SEC AND (NYSE:PTA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

COHEN & STEERS TAX-ADV PRD SEC AND LT-Debt-to-Total-Asset Related Terms

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COHEN & STEERS TAX-ADV PRD SEC AND (COHEN & STEERS TAX-ADV PRD SEC AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » COHEN & STEERS TAX-ADV PRD SEC AND INC (NYSE:PTA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1166 Avenue of the Americas, 30th Floor, New York, NY, USA, 10036

Website

https://www.cohenandsteers.com

COHEN & STEERS TAX-ADV PRD SEC AND INC is a non-diversified, closed-end management statutory trust. Its primary investment objective is high current income, and the Fund's secondary investment objective is capital appreciation.

Executives

Ramona Lynn Rogers-windsor	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost	officer: Vice President, other: Portfolio Manager	280 PARK AVENUE, NEW YORK NY 10017
Jane F. Magpiong	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Gerald J. Maginnis	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
William F Scapell	officer: Vice President	C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Edward C Delk	officer: See Remarks	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr	director	C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Elaine Zaharis-nikas	officer: Vice President	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery	officer: Assistant Secretary	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo	officer: Assistant Secretary	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
George Grossman	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Dean Junkans	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Dana Devivo	officer: Secretary, Chief Legal Officer	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Albert Laskaj	officer: Treasurer	COHEN & STEERS, 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

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