Diverseome Trust (The) (LSE:DIVI) Debt-to-Equity : 0.00 (As of May. 2023)

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What is Diverseome Trust (The) Debt-to-Equity?

Diverseome Trust (The)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was £0.00 Mil. Diverseome Trust (The)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2023 was £0.00 Mil. Diverseome Trust (The)'s Total Stockholders Equity for the quarter that ended in May. 2023 was £316.28 Mil. Diverseome Trust (The)'s debt to equity for the quarter that ended in May. 2023 was 0.00.

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 Diverseome Trust (The)'s Debt-to-Equity or its related term are showing as below:

During the past 12 years, the highest Debt-to-Equity Ratio of Diverseome Trust (The) was 0.01. The lowest was 0.01. And the median was 0.01.

LSE:DIVI's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Diverseome Trust (The) Debt-to-Equity Historical Data

The historical data trend for Diverseome Trust (The)'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.

Diverseome Trust (The) Debt-to-Equity Chart

Diverseome Trust (The) Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Debt-to-Equity

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Diverseome Trust (The) Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Diverseome Trust (The)'s Debt-to-Equity

For the Asset Management subindustry, Diverseome Trust (The)'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.

Diverseome Trust (The)'s Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Diverseome Trust (The)'s Debt-to-Equity falls into.

Diverseome Trust (The) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Diverseome Trust (The)'s Debt to Equity Ratio for the fiscal year that ended in May. 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	+	0)	/	316.275
	=	0.00

Diverseome Trust (The)'s Debt to Equity Ratio for the quarter that ended in May. 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	+	0)	/	316.275
	=	0.00

Diverseome Trust (The) (LSE:DIVI) 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.

Diverseome Trust (The) Debt-to-Equity Related Terms

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Diverseome Trust (The) (LSE:DIVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diverse Income Trust (The) PLC (LSE:DIVI) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

DIVIl:UK

Address

Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS

Website

https://www.diverseincometrust.com

Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.