JPMorgan European Growth &ome (LSE:JEGI) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is JPMorgan European Growth &ome Debt-to-Equity?

JPMorgan European Growth &ome's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. JPMorgan European Growth &ome's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. JPMorgan European Growth &ome's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £444.43 Mil. JPMorgan European Growth &ome's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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 JPMorgan European Growth &ome's Debt-to-Equity or its related term are showing as below:

LSE:JEGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.12 Max: 0.18
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of JPMorgan European Growth &ome was 0.18. The lowest was 0.10. And the median was 0.12.

LSE:JEGI's Debt-to-Equity is ranked better than
68.74% of 1014 companies
in the Asset Management industry
Industry Median: 0.195 vs LSE:JEGI: 0.10

JPMorgan European Growth &ome Debt-to-Equity Historical Data

The historical data trend for JPMorgan European Growth &ome'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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JPMorgan European Growth &ome Debt-to-Equity Chart

JPMorgan European Growth &ome Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.14

0.18

0.10

JPMorgan European Growth &ome Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.10	-	0.10	-

Competitive Comparison of JPMorgan European Growth &ome's Debt-to-Equity

For the Asset Management subindustry, JPMorgan European Growth &ome'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.

JPMorgan European Growth &ome's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan European Growth &ome's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JPMorgan European Growth &ome's Debt-to-Equity falls into.

JPMorgan European Growth &ome Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JPMorgan European Growth &ome's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	43.779)	/	455.246
	=	0.10

JPMorgan European Growth &ome'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
	=	(0	+	0)	/	444.428
	=	0.00

JPMorgan European Growth &ome (LSE:JEGI) 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.

JPMorgan European Growth &ome Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of JPMorgan European Growth &ome's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

JPMorgan European Growth &ome (LSE:JEGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan European Growth & Income PLC (LSE:JEGI) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

JEGIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

http://www.jpmeuropeangrowthandincome.com

JPMorgan European Investment Trust PLC is an investment trust company based in the United Kingdom. The company invests across two categories of investments, which are growth and income. Its investment objective of the growth portfolio is to provide capital growth and a rising share price over the longer term from Continental European investments. The company invests in a diversified portfolio of investments in the stock markets of Continental Europe. Its investment objective of the income portfolio is to provide a growing income together with the potential for long term capital growth by investing in a portfolio of investments that are diversified amongst countries, sectors and market capitalization.

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