AJ Bell (LSE:AJB) Debt-to-Equity : 0.08 (As of Sep. 2023)

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What is AJ Bell Debt-to-Equity?

AJ Bell's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1.5 Mil. AJ Bell's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £10.9 Mil. AJ Bell's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £166.0 Mil. AJ Bell's debt to equity for the quarter that ended in Sep. 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 AJ Bell's Debt-to-Equity or its related term are showing as below:

LSE:AJB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.15
Current: 0.08

During the past 8 years, the highest Debt-to-Equity Ratio of AJ Bell was 0.15. The lowest was 0.02. And the median was 0.11.

LSE:AJB's Debt-to-Equity is ranked better than
74.41% of 1020 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:AJB: 0.08

AJ Bell Debt-to-Equity Historical Data

The historical data trend for AJ Bell'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.

AJ Bell Debt-to-Equity Chart

AJ Bell Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.15

0.12

0.11

0.08

AJ Bell Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.12	0.13	0.11	0.09	0.08

Competitive Comparison of AJ Bell's Debt-to-Equity

For the Asset Management subindustry, AJ Bell'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.

AJ Bell's Debt-to-Equity Distribution in the Asset Management Industry

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

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

AJ Bell Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AJ Bell'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
	=	(1.54	+	10.866)	/	166.037
	=	0.07

AJ Bell's Debt to Equity Ratio for the quarter 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
	=	(1.54	+	10.866)	/	166.037
	=	0.07

AJ Bell (LSE:AJB) 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.

AJ Bell Debt-to-Equity Related Terms

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AJ Bell (LSE:AJB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AJ Bell PLC (LSE:AJB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AJBl:UK 3FY:Germany

Address

4 Exchange Quay, Salford Quays, Manchester, GBR, M5 3EE

Website

https://www.ajbell.co.uk

AJ Bell PLC is an investment platform in the United Kingdom. The company's core products are SIPPs, ISAs, and Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from Recurring ad valorem which includes custody fees, interest income and investment management fees; and transactional.