Lazard World Trust Fund (LSE:WTR) Debt-to-Equity : 0.00 (As of Sep. 2018)

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What is Lazard World Trust Fund Debt-to-Equity?

Lazard World Trust Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was £0.00 Mil. Lazard World Trust Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was £0.00 Mil. Lazard World Trust Fund's Total Stockholders Equity for the quarter that ended in Sep. 2018 was £123.50 Mil. Lazard World Trust Fund's debt to equity for the quarter that ended in Sep. 2018 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 Lazard World Trust Fund's Debt-to-Equity or its related term are showing as below:

During the past 11 years, the highest Debt-to-Equity Ratio of Lazard World Trust Fund was 0.13. The lowest was 0.01. And the median was 0.02.

LSE:WTR's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Lazard World Trust Fund Debt-to-Equity Historical Data

The historical data trend for Lazard World Trust Fund'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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Lazard World Trust Fund Debt-to-Equity Chart

Lazard World Trust Fund Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Debt-to-Equity

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0.10

0.01

Lazard World Trust Fund Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18
Debt-to-Equity	Get a 7-Day Free Trial															-	-	0.03	-	-

Competitive Comparison of Lazard World Trust Fund's Debt-to-Equity

For the Asset Management subindustry, Lazard World Trust Fund'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.

Lazard World Trust Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Lazard World Trust Fund's Debt-to-Equity falls into.

Lazard World Trust Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lazard World Trust Fund's Debt to Equity Ratio for the fiscal year that ended in Mar. 2018 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)	/	142.08
	=	0.00

Lazard World Trust Fund's Debt to Equity Ratio for the quarter that ended in Sep. 2018 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)	/	123.502
	=	0.00

Lazard World Trust Fund (LSE:WTR) 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.

Lazard World Trust Fund Debt-to-Equity Related Terms

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

Lazard World Trust Fund (LSE:WTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lazard World Trust Fund (LSE:WTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

State Street Bank Luxembourg S.C.A., 49, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

http://www.lazardworldtrustfund.com

Lazard World Trust Fund is an investment company registered in Luxembourg. Its investment objective is to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to the underlying net asset value. The company mainly invests in closed-end funds, investment trusts, holding companies and other companies which are traded internationally. It focuses on providing broad exposure to equity markets through investment in closed-ended funds and quoted companies. The company may use gearing and hedging by holding positions by selling short stock indices, stocks, and shares of exchange traded funds.

Lazard World Trust Fund (LSE:WTR) Headlines

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