ICG Enterprise Trust (LSE:ICGT) Debt-to-Equity : 0.06 (As of Jul. 2023)

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What is ICG Enterprise Trust Debt-to-Equity?

ICG Enterprise Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was £0.00 Mil. ICG Enterprise Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was £72.90 Mil. ICG Enterprise Trust's Total Stockholders Equity for the quarter that ended in Jul. 2023 was £1,290.26 Mil. ICG Enterprise Trust's debt to equity for the quarter that ended in Jul. 2023 was 0.06.

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 ICG Enterprise Trust's Debt-to-Equity or its related term are showing as below:

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

During the past 13 years, the highest Debt-to-Equity Ratio of ICG Enterprise Trust was 0.06. The lowest was 0.03. And the median was 0.05.

LSE:ICGT's Debt-to-Equity is ranked better than
81.58% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:ICGT: 0.06

ICG Enterprise Trust Debt-to-Equity Historical Data

The historical data trend for ICG Enterprise 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.

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ICG Enterprise Trust Debt-to-Equity Chart

ICG Enterprise Trust Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

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0.05

ICG Enterprise Trust Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.03	0.05	0.06

Competitive Comparison of ICG Enterprise Trust's Debt-to-Equity

For the Asset Management subindustry, ICG Enterprise 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.

ICG Enterprise Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where ICG Enterprise Trust's Debt-to-Equity falls into.

ICG Enterprise Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ICG Enterprise Trust's Debt to Equity Ratio for the fiscal year that ended in Jan. 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	+	65.293)	/	1300.619
	=	0.05

ICG Enterprise Trust's Debt to Equity Ratio for the quarter that ended in Jul. 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	+	72.904)	/	1290.26
	=	0.06

ICG Enterprise Trust (LSE:ICGT) 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.

ICG Enterprise Trust Debt-to-Equity Related Terms

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ICG Enterprise Trust (LSE:ICGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ICG Enterprise Trust PLC (LSE:ICGT) » Definitions » Debt-to-Equity

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ICGTl:UK

Address

55 Ludgate Hill, Procession House, London, GBR, EC4M 7JW

Website

https://www.icg-enterprise.co.uk

ICG Enterprise Trust PLC is an investment trust based in the United Kingdom. It aims to provide its investors with long term capital growth through investment in unquoted companies and generating income and consistently high returns whilst protecting against investment downside. The nature of its investment portfolio comprises of investment in a variety of securities in the private equity market such as in large buy-outs, mid-market buy-outs, mezzanine, and small buy-outs, among others. It invests in various sectors, such as business services, industrials, healthcare and education, consumer goods and services, leisure, and financials.

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