BlackRock Greater Europe Investment Trust (LSE:BRGE) Debt-to-Equity : 0.05 (As of Aug. 2023)

View and export this data going back to 2004. Start your Free Trial

What is BlackRock Greater Europe Investment Trust Debt-to-Equity?

BlackRock Greater Europe Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was £0.00 Mil. BlackRock Greater Europe Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was £27.62 Mil. BlackRock Greater Europe Investment Trust's Total Stockholders Equity for the quarter that ended in Aug. 2023 was £565.71 Mil. BlackRock Greater Europe Investment Trust's debt to equity for the quarter that ended in Aug. 2023 was 0.05.

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 BlackRock Greater Europe Investment Trust's Debt-to-Equity or its related term are showing as below:

LSE:BRGE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.06
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of BlackRock Greater Europe Investment Trust was 0.06. The lowest was 0.00. And the median was 0.03.

LSE:BRGE's Debt-to-Equity is ranked better than
83.84% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:BRGE: 0.05

BlackRock Greater Europe Investment Trust Debt-to-Equity Historical Data

The historical data trend for BlackRock Greater Europe Investment 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.

BlackRock Greater Europe Investment Trust Debt-to-Equity Chart

BlackRock Greater Europe Investment Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Equity

Get a 7-Day Free Trial

0.06

0.04

0.05

BlackRock Greater Europe Investment Trust Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.09	-	0.04	0.05

Competitive Comparison of BlackRock Greater Europe Investment Trust's Debt-to-Equity

For the Asset Management subindustry, BlackRock Greater Europe Investment 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.

BlackRock Greater Europe Investment Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Greater Europe Investment Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BlackRock Greater Europe Investment Trust's Debt-to-Equity falls into.

BlackRock Greater Europe Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlackRock Greater Europe Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Aug. 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	+	27.617)	/	565.71
	=	0.05

BlackRock Greater Europe Investment Trust's Debt to Equity Ratio for the quarter that ended in Aug. 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	+	27.617)	/	565.71
	=	0.05

BlackRock Greater Europe Investment Trust (LSE:BRGE) 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.

BlackRock Greater Europe Investment Trust Debt-to-Equity Related Terms

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

BlackRock Greater Europe Investment Trust (LSE:BRGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Greater Europe Investment Trust PLC (LSE:BRGE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BRGEl:UK

Address

12 Throgmorton Avenue, Drapers Gardens, London, GBR, EC2N 2DL

Website

https://www.blackrock.co.uk

BlackRock Greater Europe Investment Trust PLC is a investment trust. Its primary objective is to achieve capital growth, primarily through investment in a focused portfolio constructed from a combination of the European securities of large, mid and small capitalization. It has the flexibility to invest in any country which is included in the FTSE World Europe ex UK Index as well as other developing countries not included in the Index and which is considered as a part of Europe. Its investment policy is to invest in a diverse portfolio of approximately 30-70 securities in larger capitalization companies. The company may also invest nearly 20% of the portfolio in debt securities, such as convertible bonds and corporate bonds.

BlackRock Greater Europe Investment Trust (LSE:BRGE) Headlines

No Headlines