abrdn New Dawn Investment Trust (abrdn New Dawn Investment Trust) Debt-to-Equity : 0.09 (As of Apr. 2023)

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What is abrdn New Dawn Investment Trust Debt-to-Equity?

abrdn New Dawn Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was $0.00 Mil. abrdn New Dawn Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was $35.66 Mil. abrdn New Dawn Investment Trust's Total Stockholders Equity for the quarter that ended in Apr. 2023 was $391.20 Mil. abrdn New Dawn Investment Trust's debt to equity for the quarter that ended in Apr. 2023 was 0.09.

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 abrdn New Dawn Investment Trust's Debt-to-Equity or its related term are showing as below:

ABDTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.13
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of abrdn New Dawn Investment Trust was 0.13. The lowest was 0.08. And the median was 0.10.

ABDTF's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs ABDTF: 0.09

abrdn New Dawn Investment Trust Debt-to-Equity Historical Data

The historical data trend for abrdn New Dawn Investment 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.

* Premium members only.

abrdn New Dawn Investment Trust Debt-to-Equity Chart

abrdn New Dawn Investment Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.11

0.12

0.08

0.10

0.09

abrdn New Dawn Investment Trust Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.08	0.10	0.10	0.09

Competitive Comparison of abrdn New Dawn Investment Trust's Debt-to-Equity

For the Asset Management subindustry, abrdn New Dawn Investment 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.

abrdn New Dawn Investment Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn New Dawn Investment Trust's Debt-to-Equity falls into.

abrdn New Dawn Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn New Dawn Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Apr. 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	+	35.656)	/	391.199
	=	0.09

abrdn New Dawn Investment Trust's Debt to Equity Ratio for the quarter that ended in Apr. 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	+	35.656)	/	391.199
	=	0.09

abrdn New Dawn Investment Trust (OTCPK:ABDTF) 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.

abrdn New Dawn Investment Trust Debt-to-Equity Related Terms

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abrdn New Dawn Investment Trust (abrdn New Dawn Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn New Dawn Investment Trust PLC (OTCPK:ABDTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.newdawn-trust.co.uk

abrdn New Dawn Investment Trust PLC is a closed-end investment company. The company's investment objective is to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan. Geographically, it has a presence in China, Hong Kong, India, Singapore, Australia, South Korea, Taiwan, Indonesia, Philippines, Thailand, Vietnam, Sri Lanka, Malaysia, New Zealand, Myanmar, and Other Asia. It invests in various sectors, some of which include Aerospace and Defence, Automobiles, Banks, Biotechnology, Capital Markets, Chemicals, and others.

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