North Americanome Trust (The) (LSE:NAIT) Debt-to-Equity : 0.09 (As of Jan. 2024)

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What is North Americanome Trust (The) Debt-to-Equity?

North Americanome Trust (The)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.00 Mil. North Americanome Trust (The)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £39.20 Mil. North Americanome Trust (The)'s Total Stockholders Equity for the quarter that ended in Jan. 2024 was £436.48 Mil. North Americanome Trust (The)'s debt to equity for the quarter that ended in Jan. 2024 was 0.09.

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 North Americanome Trust (The)'s Debt-to-Equity or its related term are showing as below:

LSE:NAIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.09 Max: 0.15
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of North Americanome Trust (The) was 0.15. The lowest was 0.05. And the median was 0.09.

LSE:NAIT's Debt-to-Equity is ranked better than
71.03% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:NAIT: 0.09

North Americanome Trust (The) Debt-to-Equity Historical Data

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Debt-to-Equity Chart

North Americanome Trust (The) Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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0.05

0.10

0.08

0.09

North Americanome Trust (The) Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.09	0.09	0.09	0.09

Competitive Comparison of North Americanome Trust (The)'s Debt-to-Equity

For the Asset Management subindustry, North Americanome Trust (The)'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.

North Americanome Trust (The)'s Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Americanome Trust (The)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where North Americanome Trust (The)'s Debt-to-Equity falls into.

North Americanome Trust (The) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

North Americanome Trust (The)'s Debt to Equity Ratio for the fiscal year that ended in Jan. 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	+	39.198)	/	436.479
	=	0.09

North Americanome Trust (The)'s Debt to Equity Ratio for the quarter that ended in Jan. 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	+	39.198)	/	436.479
	=	0.09

North Americanome Trust (The) (LSE:NAIT) 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.

North Americanome Trust (The) Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of North Americanome Trust (The)'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

North Americanome Trust (The) (LSE:NAIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » North American Income Trust (The) PLC (LSE:NAIT) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

NAITl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.northamericanincome.co.uk

The North American Income Trust PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 US equities.

North Americanome Trust (The) (LSE:NAIT) Headlines

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