GCP Asset Backedome Fund (LSE:GABI) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is GCP Asset Backedome Fund Debt-to-Equity?

GCP Asset Backedome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. GCP Asset Backedome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. GCP Asset Backedome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £396.75 Mil. GCP Asset Backedome Fund's debt to equity for the quarter that ended in Dec. 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 GCP Asset Backedome Fund's Debt-to-Equity or its related term are showing as below:

LSE:GABI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.08
Current: 0.12

During the past 8 years, the highest Debt-to-Equity Ratio of GCP Asset Backedome Fund was 0.08. The lowest was 0.01. And the median was 0.03.

LSE:GABI's Debt-to-Equity is ranked better than
64.89% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:GABI: 0.12

GCP Asset Backedome Fund Debt-to-Equity Historical Data

The historical data trend for GCP Asset Backedome Fund'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.

GCP Asset Backedome Fund Debt-to-Equity Chart

GCP Asset Backedome Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.01

0.05

0.08

GCP Asset Backedome Fund Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial										0.05	-	0.08	0.12	-

Competitive Comparison of GCP Asset Backedome Fund's Debt-to-Equity

For the Asset Management subindustry, GCP Asset Backedome Fund'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.

GCP Asset Backedome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GCP Asset Backedome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GCP Asset Backedome Fund's Debt-to-Equity falls into.

GCP Asset Backedome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GCP Asset Backedome Fund'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	+	0)	/	396.745
	=	0.00

GCP Asset Backedome Fund's Debt to Equity Ratio for the quarter 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	+	0)	/	396.745
	=	0.00

GCP Asset Backedome Fund (LSE:GABI) 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.

GCP Asset Backedome Fund Debt-to-Equity Related Terms

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

GCP Asset Backedome Fund (LSE:GABI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GCP Asset Backed Income Fund Ltd (LSE:GABI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GABIl:UK

Address

IFC 5, Saint Helier, JEY, JE1 1ST

Website

http://www.gcpassetbacked.com

GCP Asset Backed Income Fund Ltd is a closed-ended investment company. Its objective is to generate risk-adjusted returns through regular, growing distributions and modest capital appreciation over the long term. It provides investors with exposure to a portfolio of the United Kingdom-based asset-backed loans secured against cash flows and/or physical assets. The company invests in a diversified portfolio of fixed and floating-rate loans secured against physical assets, which have contracted, predictable medium-to-long-term cash flows. It invests in various sectors, which include asset finance, property, energy and infrastructure, and social infrastructure.

GCP Asset Backedome Fund (LSE:GABI) Headlines

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