Gabelli Dividend & Income Common Shares Of Beneficial(Gdv) Financials: Debt To Equity Compared To Industry Average, Plus Other Key Ratios
Solvency Trend (Last 5 Years)
Solvency - debt to equity
This chart shows the historical trend of debt to equity for GDV compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Debt to Equity
Definition: Debt to equity shows how much debt the company uses compared to the amount invested by its owners. It’s a bit like comparing your mortgage to your house down payment. Higher ratios suggest the business is comfortable borrowing to grow — which can boost returns in good times, but adds risk if conditions worsen. Lower ratios signal a more conservative, steady approach.
Interpretation:
• In '2024', GDV's debt to equity was 0.00, showing the balance between debt financing and shareholders' equity. Industry average for Investment Managers in '2024' stood at 0.57.
Overall, GDV's debt to equity has remained generally stable over the past 1 years.
Formula: Debt to Equity = Total Debt / Shareholders' Equity
Good Range: Below 1.0 is conservative; 1-2 is common depending on industry.