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abrdn Global Infrastructureome Fund (abrdn Global Infrastructureome Fund) Equity-to-Asset : 0.99 (As of Sep. 2023)


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What is abrdn Global Infrastructureome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abrdn Global Infrastructureome Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $482.92 Mil. abrdn Global Infrastructureome Fund's Total Assets for the quarter that ended in Sep. 2023 was $487.28 Mil. Therefore, abrdn Global Infrastructureome Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.99.

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

ASGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 0.99   Max: 1
Current: 0.99

During the past 4 years, the highest Equity to Asset Ratio of abrdn Global Infrastructureome Fund was 1.00. The lowest was 0.99. And the median was 0.99.

ASGI's Equity-to-Asset is ranked better than
90.43% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs ASGI: 0.99

abrdn Global Infrastructureome Fund Equity-to-Asset Historical Data

The historical data trend for abrdn Global Infrastructureome 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.

abrdn Global Infrastructureome Fund Equity-to-Asset Chart

abrdn Global Infrastructureome Fund Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
0.99 1.00 0.99 0.99

abrdn Global Infrastructureome Fund Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial 1.00 1.00 0.99 0.99 0.99

Competitive Comparison of abrdn Global Infrastructureome Fund's Equity-to-Asset

For the Asset Management subindustry, abrdn Global Infrastructureome 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.


abrdn Global Infrastructureome Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Global Infrastructureome Fund's Equity-to-Asset falls into.



abrdn Global Infrastructureome 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.

abrdn Global Infrastructureome Fund's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=482.924/487.276
=0.99

abrdn Global Infrastructureome Fund'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
=482.924/487.276
=0.99

* 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.


abrdn Global Infrastructureome Fund  (NYSE:ASGI) 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%.


abrdn Global Infrastructureome Fund Equity-to-Asset Related Terms

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


abrdn Global Infrastructureome Fund (abrdn Global Infrastructureome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite?200, Philadelphia, PA, USA, 19103
abrdn Global Infrastructure Income Fund is a non-diversified, closed-end management investment company. Its objective is to seek to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.
Executives
Peter Branner other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Chris Lavictoire Mahai director C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Thomas W Hunersen director C/O MACQUARIE FUND ADVISER, LLC, 600 FIFTH AVENUE, NEW YORK NY 10020
Gordon A Baird director C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson other: Director of Sub-Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Neil Andrew Slater other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103