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Mavenome and Growth VCT 3 (LSE:MIG3) Debt-to-Equity : 0.00 (As of Nov. 2023)


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What is Mavenome and Growth VCT 3 Debt-to-Equity?

Mavenome and Growth VCT 3's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.00 Mil. Mavenome and Growth VCT 3's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.00 Mil. Mavenome and Growth VCT 3's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £59.34 Mil. Mavenome and Growth VCT 3's debt to equity for the quarter that ended in Nov. 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 Mavenome and Growth VCT 3's Debt-to-Equity or its related term are showing as below:

LSE:MIG3'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.

Mavenome and Growth VCT 3 Debt-to-Equity Historical Data

The historical data trend for Mavenome and Growth VCT 3'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.

Mavenome and Growth VCT 3 Debt-to-Equity Chart

Mavenome and Growth VCT 3 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
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Mavenome and Growth VCT 3 Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Mavenome and Growth VCT 3's Debt-to-Equity

For the Asset Management subindustry, Mavenome and Growth VCT 3'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.


Mavenome and Growth VCT 3's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mavenome and Growth VCT 3's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mavenome and Growth VCT 3's Debt-to-Equity falls into.



Mavenome and Growth VCT 3 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mavenome and Growth VCT 3's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Mavenome and Growth VCT 3's Debt to Equity Ratio for the quarter that ended in Nov. 2023 is calculated as

* 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.


Mavenome and Growth VCT 3  (LSE:MIG3) 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.


Mavenome and Growth VCT 3 Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mavenome and Growth VCT 3's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Mavenome and Growth VCT 3 (LSE:MIG3) Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT 3 PLC is a part of the financial services sector. It operating as a venture capital trust, the company aims to achieve long-term capital growth and income for its shareholders. It follows a strategy of investing most of its funds in shares and securities of unquoted UK companies and AIM-quoted companies. The company funds portfolio includes Greater Manchester Loan Fund, Private Equity, and Property Fund.

Mavenome and Growth VCT 3 (LSE:MIG3) Headlines

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