abrdn Japan Investment Trust (LSE:AJIT) Debt-to-Equity : 0.12 (As of Mar. 2023)

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What is abrdn Japan Investment Trust Debt-to-Equity?

abrdn Japan Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was £0.00 Mil. abrdn Japan Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was £10.32 Mil. abrdn Japan Investment Trust's Total Stockholders Equity for the quarter that ended in Mar. 2023 was £82.95 Mil. abrdn Japan Investment Trust's debt to equity for the quarter that ended in Mar. 2023 was 0.12.

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

LSE:AJIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.12 Max: 0.15
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of abrdn Japan Investment Trust was 0.15. The lowest was 0.09. And the median was 0.12.

LSE:AJIT's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs LSE:AJIT: 0.12

abrdn Japan Investment Trust Debt-to-Equity Historical Data

The historical data trend for abrdn Japan 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.

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abrdn Japan Investment Trust Debt-to-Equity Chart

abrdn Japan Investment Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.13

0.15

0.10

0.12

abrdn Japan Investment Trust Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.10	0.12	0.13	0.12

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

For the Asset Management subindustry, abrdn Japan 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 Japan Investment Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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

abrdn Japan Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn Japan Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	10.319)	/	82.954
	=	0.12

abrdn Japan Investment Trust's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	10.319)	/	82.954
	=	0.12

abrdn Japan Investment Trust (LSE:AJIT) 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 Japan Investment Trust Debt-to-Equity Related Terms

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abrdn Japan Investment Trust (LSE:AJIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Japan Investment Trust Plc (LSE:AJIT) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.abrdnjapan.co.uk

abrdn Japan Investment Trust Plc is an investment trust company that invests in a portfolio of companies in Japan selected by the Manager from listed stocks on the Tokyo Stock Exchange. The company aims to achieve long-term capital growth through investment in listed Japanese companies. Its portfolio is selected from among 3,800 listed stocks consisting of individual companies of any market capitalization size and in any business sector, which offers long-term growth potential.

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