abrdn China Investment Co (LSE:ACIC) Debt-to-Equity : 0.07 (As of Oct. 2023)

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What is abrdn China Investment Co Debt-to-Equity?

abrdn China Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. abrdn China Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £15.36 Mil. abrdn China Investment Co's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £213.25 Mil. abrdn China Investment Co's debt to equity for the quarter that ended in Oct. 2023 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for abrdn China Investment Co's Debt-to-Equity or its related term are showing as below:

LSE:ACIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.08
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of abrdn China Investment Co was 0.08. The lowest was 0.04. And the median was 0.07.

LSE:ACIC's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs LSE:ACIC: 0.07

abrdn China Investment Co Debt-to-Equity Historical Data

The historical data trend for abrdn China Investment Co's Debt-to-Equity 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 China Investment Co Debt-to-Equity Chart

abrdn China Investment Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.08

0.04

0.07

abrdn China Investment Co Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	0.05	0.07

Competitive Comparison of abrdn China Investment Co's Debt-to-Equity

For the Asset Management subindustry, abrdn China Investment Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 China Investment Co's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn China Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where abrdn China Investment Co's Debt-to-Equity falls into.

abrdn China Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn China Investment Co's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	15.359)	/	213.247
	=	0.07

abrdn China Investment Co's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	15.359)	/	213.247
	=	0.07

abrdn China Investment Co (LSE:ACIC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

abrdn China Investment Co Debt-to-Equity Related Terms

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abrdn China Investment Co (LSE:ACIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn China Investment Co Ltd (LSE:ACIC) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

ACICl:UK

Address

Saint Julian's Avenue Guernsey, BNP Paribas House, Saint Peter Port, GGY, GY1 1WA

Website

https://www.abrdnchina.co.uk

abrdn China Investment Co Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to achieve consistent returns for shareholders in excess of the MSCI Emerging Markets Net Total Return Index in Sterling terms. The company focuses on investing in a portfolio of funds and products which give a diversified exposure to developing and emerging market economies. Its portfolio consists of investments in either quoted investment companies or open-ended funds with observable independent values. It may enter into hedging mechanisms to protect the performance of the company's investment portfolio in a cost-effective manner. The company earns the majority of its revenue from dividend income.