The Global Smaller Trust (LSE:GSCT) Debt-to-Equity : 0.06 (As of Oct. 2024)

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What is The Global Smaller Trust Debt-to-Equity?

The Global Smaller Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was £0.0 Mil. The Global Smaller Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was £51.2 Mil. The Global Smaller Trust's Total Stockholders Equity for the quarter that ended in Oct. 2024 was £835.6 Mil. The Global Smaller Trust's debt to equity for the quarter that ended in Oct. 2024 was 0.06.

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 The Global Smaller Trust's Debt-to-Equity or its related term are showing as below:

LSE:GSCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 0.07
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of The Global Smaller Trust was 0.07. The lowest was 0.04. And the median was 0.06.

LSE:GSCT's Debt-to-Equity is ranked better than
78.06% of 971 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:GSCT: 0.06

The Global Smaller Trust Debt-to-Equity Historical Data

The historical data trend for The Global 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.

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The Global Smaller Trust Debt-to-Equity Chart

The Global Smaller Trust Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Debt-to-Equity

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0.05

0.04

0.06

The Global Smaller Trust Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.06	0.07	0.06	0.06

Competitive Comparison of The Global Smaller Trust's Debt-to-Equity

For the Asset Management subindustry, The Global 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.

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

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

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

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The Global Smaller Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Global Smaller Trust's Debt to Equity Ratio for the fiscal year that ended in Apr. 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	+	51.463)	/	870.062
	=	0.06

The Global Smaller Trust's Debt to Equity Ratio for the quarter that ended in Oct. 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	+	51.212)	/	835.571
	=	0.06

The Global Smaller Trust (LSE:GSCT) 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.

The Global Smaller Trust Debt-to-Equity Related Terms

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

The Global Smaller Trust Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG

Website

https://www.globalsmallercompanies.co.uk

The Global Smaller Companies Trust PLC offers investors access to a broad spread global smaller companies portfolio. Its investment objective is to invest in smaller companies worldwide to secure a high total return. The portfolio consists of individual smaller company investments within the US, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.

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