Premier Miton Group (LSE:PMI) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Premier Miton Group Debt-to-Equity?

Premier Miton Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £0.20 Mil. Premier Miton Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £2.12 Mil. Premier Miton Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £120.66 Mil. Premier Miton Group's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 Premier Miton Group's Debt-to-Equity or its related term are showing as below:

LSE:PMI' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.21 Med: 0.02 Max: 0.03
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Premier Miton Group was 0.03. The lowest was -10.21. And the median was 0.02.

LSE:PMI's Debt-to-Equity is ranked better than
93.67% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:PMI: 0.02

Premier Miton Group Debt-to-Equity Historical Data

The historical data trend for Premier Miton Group'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.

Premier Miton Group Debt-to-Equity Chart

Premier Miton Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.02

0.01

0.02

Premier Miton Group Semi-Annual Data
	Sep13	Sep14	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															0.01	0.01	0.01	0.02	0.02

Competitive Comparison of Premier Miton Group's Debt-to-Equity

For the Asset Management subindustry, Premier Miton Group'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.

Premier Miton Group's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Premier Miton Group's Debt-to-Equity falls into.

Premier Miton Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premier Miton Group'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
	=	(0.265	+	2.338)	/	121.063
	=	0.02

Premier Miton Group'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
	=	(0.203	+	2.122)	/	120.662
	=	0.02

Premier Miton Group (LSE:PMI) 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.

Premier Miton Group Debt-to-Equity Related Terms

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

Premier Miton Group (LSE:PMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Premier Miton Group PLC (LSE:PMI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

High Street, Eastgate Court, Guildford, Surrey, GBR, GU1 3DE

Website

https://www.premiermiton.com

Premier Miton Group PLC is focused on delivering good investment outcomes for investors through relevant products and active management. The company's investment capabilities are designed to meet the investment objectives and preferences of different clients and cover a broad range of multi-asset, equity, absolute return, and fixed income investments. Its only operating segment being asset management. Majority of revenue is generated from Management fees. Revenue is derived from the UK and Channel Islands.

Premier Miton Group (LSE:PMI) Headlines

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