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Voya Prime Rate Trust Debt-to-Equity

: 0.40 (As of Feb. 2020)
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Voya Prime Rate Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $0.00 Mil. Voya Prime Rate Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $315.90 Mil. Voya Prime Rate Trust's Total Stockholders Equity for the quarter that ended in Feb. 2020 was $782.81 Mil. Voya Prime Rate Trust's debt to equity for the quarter that ended in Feb. 2020 was 0.40.

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.

NYSE:PPR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 0.4   Max: 0.4
Current: 0.4

0.38
0.4

During the past 3 years, the highest Debt-to-Equity Ratio of Voya Prime Rate Trust was 0.40. The lowest was 0.38. And the median was 0.40.

NYSE:PPR's Debt-to-Equity is ranked lower than
66% of the 933 Companies
in the Asset Management industry.

( Industry Median: 0.21 vs. NYSE:PPR: 0.40 )

Voya Prime Rate Trust Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Voya Prime Rate Trust Annual Data
Feb18 Feb19 Feb20
Debt-to-Equity 0.38 0.40 0.40

Voya Prime Rate Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20
Debt-to-Equity Premium Member Only 0.38 0.40 0.40 0.38 0.40

Competitive Comparison
* 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.


Voya Prime Rate Trust Debt-to-Equity Distribution

* The bar in red indicates where Voya Prime Rate Trust's Debt-to-Equity falls into.



Voya Prime Rate Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Voya Prime Rate Trust's Debt to Equity Ratio for the fiscal year that ended in Feb. 2020 is calculated as

Voya Prime Rate Trust's Debt to Equity Ratio for the quarter that ended in Feb. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Voya Prime Rate Trust  (NYSE:PPR) 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.


Voya Prime Rate Trust Debt-to-Equity Related Terms


Voya Prime Rate Trust Debt-to-Equity Headlines

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