abrdn Asia Focus (LSE:AAS) Debt-to-Equity : 0.14 (As of Jan. 2024)

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What is abrdn Asia Focus Debt-to-Equity?

abrdn Asia Focus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.00 Mil. abrdn Asia Focus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £66.18 Mil. abrdn Asia Focus's Total Stockholders Equity for the quarter that ended in Jan. 2024 was £466.50 Mil. abrdn Asia Focus's debt to equity for the quarter that ended in Jan. 2024 was 0.14.

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 Asia Focus's Debt-to-Equity or its related term are showing as below:

LSE:AAS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.13 Max: 0.16
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of abrdn Asia Focus was 0.16. The lowest was 0.10. And the median was 0.13.

LSE:AAS's Debt-to-Equity is ranked better than
60.08% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:AAS: 0.14

abrdn Asia Focus Debt-to-Equity Historical Data

The historical data trend for abrdn Asia Focus'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 Asia Focus Debt-to-Equity Chart

abrdn Asia Focus Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

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0.13

0.14

abrdn Asia Focus Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.14	0.14	0.14	0.14

Competitive Comparison of abrdn Asia Focus's Debt-to-Equity

For the Asset Management subindustry, abrdn Asia Focus'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 Asia Focus's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Asia Focus's Debt-to-Equity falls into.

abrdn Asia Focus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn Asia Focus's Debt to Equity Ratio for the fiscal year that ended in Jul. 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	+	66.073)	/	485.784
	=	0.14

abrdn Asia Focus's Debt to Equity Ratio for the quarter that ended in Jan. 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	+	66.178)	/	466.501
	=	0.14

abrdn Asia Focus (LSE:AAS) 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 Asia Focus Debt-to-Equity Related Terms

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abrdn Asia Focus (LSE:AAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Asia Focus PLC (LSE:AAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AASl:UK

Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.asia-focus.co.uk

abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.

abrdn Asia Focus (LSE:AAS) Headlines

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