Baillie Gifford European Growth Trust (LSE:BGEU) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Baillie Gifford European Growth Trust Debt-to-Equity?

Baillie Gifford European Growth Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £0.00 Mil. Baillie Gifford European Growth Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £51.21 Mil. Baillie Gifford European Growth Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £397.26 Mil. Baillie Gifford European Growth Trust's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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 Baillie Gifford European Growth Trust's Debt-to-Equity or its related term are showing as below:

LSE:BGEU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.17
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Baillie Gifford European Growth Trust was 0.17. The lowest was 0.01. And the median was 0.05.

LSE:BGEU's Debt-to-Equity is ranked better than
62.46% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:BGEU: 0.13

Baillie Gifford European Growth Trust Debt-to-Equity Historical Data

The historical data trend for Baillie Gifford European Growth Trust'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.

Baillie Gifford European Growth Trust Debt-to-Equity Chart

Baillie Gifford European Growth Trust Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.04

0.09

0.17

0.16

Baillie Gifford European Growth Trust Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.17	-	0.16	0.13

Competitive Comparison of Baillie Gifford European Growth Trust's Debt-to-Equity

For the Asset Management subindustry, Baillie Gifford European Growth Trust'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.

Baillie Gifford European Growth Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford European Growth Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Baillie Gifford European Growth Trust's Debt-to-Equity falls into.

Baillie Gifford European Growth Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Baillie Gifford European Growth Trust's Debt to Equity Ratio for the fiscal year that ended in Sep. 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	+	51.96)	/	327.39
	=	0.16

Baillie Gifford European Growth Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	51.212)	/	397.264
	=	0.13

Baillie Gifford European Growth Trust (LSE:BGEU) 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.

Baillie Gifford European Growth Trust Debt-to-Equity Related Terms

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Baillie Gifford European Growth Trust (LSE:BGEU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Baillie Gifford European Growth Trust PLC (LSE:BGEU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BGEUl:UK

Address

28 St James's Square, Grimaldi House, London, GBR, SW1Y 4JH

Website

https://www.bailliegifford.com

Baillie Gifford European Growth Trust PLC is an investment company. The company's investment objective is to achieve long-term capital growth through a diversified portfolio of Continental European securities. It adopts the investment in the diverse and increasingly accessible market of Continental Europe which provides opportunities for capital growth over the long term. The company holds a diversified portfolio of investments including Industrials, consumer discretionary, consumer services, financials, healthcare, and others. The investment manager of the company focuses upon identifying the long term value of a company's share and to hold the shares until that value is appreciated by other investors. Its revenue consists of income from an investment.

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