Majedie Investments (LSE:MAJE) Debt-to-Equity : 0.18 (As of Sep. 2022)

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What is Majedie Investments Debt-to-Equity?

Majedie Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £0.00 Mil. Majedie Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £20.83 Mil. Majedie Investments's Total Stockholders Equity for the quarter that ended in Sep. 2022 was £116.89 Mil. Majedie Investments's debt to equity for the quarter that ended in Sep. 2022 was 0.18.

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 Majedie Investments's Debt-to-Equity or its related term are showing as below:

LSE:MAJE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.25
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Majedie Investments was 0.25. The lowest was 0.12. And the median was 0.17.

LSE:MAJE's Debt-to-Equity is ranked better than
55.43% of 1012 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:MAJE: 0.16

Majedie Investments Debt-to-Equity Historical Data

The historical data trend for Majedie Investments'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.

Majedie Investments Debt-to-Equity Chart

Majedie Investments Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.13

0.16

0.14

0.18

0.16

Majedie Investments Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.14	0.15	0.18	0.16

Competitive Comparison of Majedie Investments's Debt-to-Equity

For the Asset Management subindustry, Majedie Investments'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.

Majedie Investments's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Majedie Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Majedie Investments's Debt-to-Equity falls into.

Majedie Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Majedie Investments'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	+	20.789)	/	128.073
	=	0.16

Majedie Investments's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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	+	20.826)	/	116.887
	=	0.18

Majedie Investments (LSE:MAJE) 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.

Majedie Investments Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Majedie Investments's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Majedie Investments (LSE:MAJE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Majedie Investments PLC (LSE:MAJE) » Definitions » Debt-to-Equity

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MAJEl:UK

Address

1 King’s Arms Yard, London, GBR, EC2R 7AF

Website

https://www.majedieinvestments.com

Majedie Investments PLC is an investment trust company. The company invests principally in securities of publicly quoted companies globally as well as in unquoted securities. To manage risk, the company focuses on the analysis of economies sector trends and sectors to deliver growth over the long term. The company may utilize derivative instruments including index-linked notes, contracts for difference, covered options and other equity-related derivative instruments for efficient portfolio management and investment purposes. Its revenue mainly comprises of interest and dividend income from investment made.

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