Murray International Trust (CHIX:MYIL) Debt-to-Equity : 0.07 (As of Jun. 2024)

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What is Murray International Trust Debt-to-Equity?

Murray International Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.0 Mil. Murray International Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £109.9 Mil. Murray International Trust's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £1,697.4 Mil. Murray International Trust's debt to equity for the quarter that ended in Jun. 2024 was 0.06.

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 Murray International Trust's Debt-to-Equity or its related term are showing as below:

CHIX:MYIl' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.18
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Murray International Trust was 0.18. The lowest was 0.07. And the median was 0.13.

CHIX:MYIl's Debt-to-Equity is ranked better than
75.15% of 974 companies
in the Asset Management industry
Industry Median: 0.2 vs CHIX:MYIl: 0.07

Murray International Trust Debt-to-Equity Historical Data

The historical data trend for Murray International 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.

Murray International Trust Debt-to-Equity Chart

Murray International Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.14

0.13

0.12

0.08

Murray International Trust Quarterly Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.12	0.09	0.08	0.07

Competitive Comparison of Murray International Trust's Debt-to-Equity

For the Asset Management subindustry, Murray International 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.

Murray International Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Murray International Trust's Debt-to-Equity falls into.

Murray International Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Murray International Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	139.901)	/	1668.862
	=	0.08

Murray International Trust's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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	+	109.91)	/	1697.386
	=	0.06

Murray International Trust (CHIX:MYIl) 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.

Murray International Trust Debt-to-Equity Related Terms

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Murray International Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Murray International Trust PLC (CHIX:MYIl) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MYI:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.murray-intl.co.uk/en-gb

Murray International Trust PLC is a UK-based investment trust. It invests in a portfolio that varies from international equities to fixed-income securities, Aberdeen solutions, and property. Investments are made only from a long-term perspective. The firm has an international presence in over 20 countries with more than 200 billion pounds of assets under management. It generates revenues from the fees it charges based on the levels of assets under management.

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