Lmp Capital &ome Fund (Lmp Capital &ome Fund) Debt-to-Equity : 0.24 (As of Nov. 2023)

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What is Lmp Capital &ome Fund Debt-to-Equity?

Lmp Capital &ome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Lmp Capital &ome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $61.00 Mil. Lmp Capital &ome Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $255.43 Mil. Lmp Capital &ome Fund's debt to equity for the quarter that ended in Nov. 2023 was 0.24.

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 Lmp Capital &ome Fund's Debt-to-Equity or its related term are showing as below:

SCD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.24 Max: 0.35
Current: 0.24

During the past 7 years, the highest Debt-to-Equity Ratio of Lmp Capital &ome Fund was 0.35. The lowest was 0.22. And the median was 0.24.

SCD's Debt-to-Equity is ranked worse than
53.82% of 1020 companies
in the Asset Management industry
Industry Median: 0.19 vs SCD: 0.24

Lmp Capital &ome Fund Debt-to-Equity Historical Data

The historical data trend for Lmp Capital &ome 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.

* Premium members only.

Lmp Capital &ome Fund Debt-to-Equity Chart

Lmp Capital &ome Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.29

0.23

0.22

0.24

Lmp Capital &ome Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial								0.22	0.22	0.24	0.25	0.24

Competitive Comparison of Lmp Capital &ome Fund's Debt-to-Equity

For the Asset Management subindustry, Lmp Capital &ome 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.

Lmp Capital &ome Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Lmp Capital &ome Fund's Debt-to-Equity falls into.

Lmp Capital &ome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lmp Capital &ome Fund's Debt to Equity Ratio for the fiscal year that ended in Nov. 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	+	61)	/	255.429
	=	0.24

Lmp Capital &ome Fund's Debt to Equity Ratio for the quarter that ended in Nov. 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	+	61)	/	255.429
	=	0.24

Lmp Capital &ome Fund (NYSE:SCD) 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.

Lmp Capital &ome Fund Debt-to-Equity Related Terms

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

Lmp Capital &ome Fund (Lmp Capital &ome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lmp Capital & Income Fund Inc (NYSE:SCD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018

Website

https://www.franklintempleton.com

Lmp Capital & Income Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is total return with an emphasis on income. The fund invests in a broad range of equity and fixed-income securities of both the U.S. and foreign issuers. Its long-term investments consist of investments in common stocks, convertible preferred stocks, investments in underlying funds and master limited partnerships.

Executives

Oliveira Marc De	officer: Secretary/Chief Legal Officer	C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jasna Dolgov	other: General Counsel/Subadviser	CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Eileen A Kamerick	director	200 NORTH ADAMS STREET, GREEN BAY WI 54301
Patrick Mcelroy	other: Portfolio Manager	CLEARBRIDGE INVESTMENTS, LLC, 620 EIGHTH AVENUE, NEW YORK NY 10018
Hoffmann Courtney A.	other: Secretary/GC Subadviser	WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Daniel P Cronin	director	235 EAST 42ND ST, NEW YORK NY 10017
Andrew J. Bowden	other: COO/Subadviser	WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Laura F Fergerson	other: Manager/Investment Manager	3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt	officer: Secretary and Ch Lgl Officer	C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker	other: Director of Sub-Advisers	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Gwen L Shaneyfelt	other: Director of SubAdv/ClearBridge	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls	other: Director of Sub-Advisers	ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson	other: Director of Sub-Advisers	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen	officer: Chief Compliance Officer	LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Peter Vanderlee	other: Portfolio Manager	ATTN: CLEARBRIDGE ADVISORS, LLC, 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018