Guggenheim Taxable Municipal logo

GBAB

Guggenheim Taxable Municipal

$15.71

Key Ratios

Key ratios of the Guggenheim Taxable Municipal post its Q3 2023 earnings

Return on Assets (ROA)
0
Return on Equity (ROE)
0
Dividend Per Share (DPS)
0.38

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Guggenheim Taxable Municipal’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Guggenheim Taxable Municipal’s return on equity (ROE) stands at 0.

Dividend Per Share (DPS):

Guggenheim Taxable Municipal declared 0.38 dividend per share during the earnings announcement for Q3 2023.