BlackRock Smaller Trust (LSE:BRSC) Debt-to-Equity : 0.09 (As of Feb. 2023)

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What is BlackRock Smaller Trust Debt-to-Equity?

BlackRock Smaller Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was £0.00 Mil. BlackRock Smaller Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was £69.50 Mil. BlackRock Smaller Trust's Total Stockholders Equity for the quarter that ended in Feb. 2023 was £758.53 Mil. BlackRock Smaller Trust's debt to equity for the quarter that ended in Feb. 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 BlackRock Smaller Trust's Debt-to-Equity or its related term are showing as below:

LSE:BRSC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.12
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of BlackRock Smaller Trust was 0.12. The lowest was 0.06. And the median was 0.10.

LSE:BRSC's Debt-to-Equity is ranked better than
66.5% of 1012 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:BRSC: 0.11

BlackRock Smaller Trust Debt-to-Equity Historical Data

The historical data trend for BlackRock Smaller 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.

BlackRock Smaller Trust Debt-to-Equity Chart

BlackRock Smaller Trust Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-Equity

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0.10

0.12

0.09

0.11

BlackRock Smaller Trust Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Feb24
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.12	0.09	0.09	0.11

Competitive Comparison of BlackRock Smaller Trust's Debt-to-Equity

For the Asset Management subindustry, BlackRock Smaller 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.

BlackRock Smaller Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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

BlackRock Smaller Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BlackRock Smaller Trust's Debt to Equity Ratio for the fiscal year that ended in Feb. 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	+	77.414)	/	686.206
	=	0.11

BlackRock Smaller Trust's Debt to Equity Ratio for the quarter that ended in Feb. 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	+	69.504)	/	758.529
	=	0.09

BlackRock Smaller Trust (LSE:BRSC) 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.

BlackRock Smaller Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of BlackRock Smaller Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock Smaller Trust (LSE:BRSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Smaller Companies Trust PLC (LSE:BRSC) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

BRSCl:UK

Address

12 Throgmorton Avenue, Exchange Place One, London, GBR, EC2N 2DL

Website

https://www.blackrock.com/uk/brsc

BlackRock Smaller Companies Trust PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies. The company mainly attracts long-term private and institutional investors wanting to benefit from the growth prospects of smaller companies. It focuses on investing UK smaller companies which are listed on the London Stock Exchange or on the Alternative Investment Market. The firm has adopted a consistent investment process, focusing on good quality growth companies that are trading well and it also considers sector weightings and underlying themes and method of stock selection.

BlackRock Smaller Trust (LSE:BRSC) Headlines

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