Montanaro UK Smaller Inv Tr (LSE:MTU) Debt-to-Equity : 0.11 (As of Sep. 2023)

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What is Montanaro UK Smaller Inv Tr Debt-to-Equity?

Montanaro UK Smaller Inv Tr's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Montanaro UK Smaller Inv Tr's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £20.00 Mil. Montanaro UK Smaller Inv Tr's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £184.90 Mil. Montanaro UK Smaller Inv Tr's debt to equity for the quarter that ended in Sep. 2023 was 0.11.

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 Montanaro UK Smaller Inv Tr's Debt-to-Equity or its related term are showing as below:

LSE:MTU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.1 Max: 0.15
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Montanaro UK Smaller Inv Tr was 0.15. The lowest was 0.08. And the median was 0.10.

LSE:MTU's Debt-to-Equity is ranked better than
66.37% of 1017 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:MTU: 0.11

Montanaro UK Smaller Inv Tr Debt-to-Equity Historical Data

The historical data trend for Montanaro UK Smaller Inv Tr'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.

Montanaro UK Smaller Inv Tr Debt-to-Equity Chart

Montanaro UK Smaller Inv Tr Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.09

0.11

0.08

0.09

0.10

Montanaro UK Smaller Inv Tr Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.09	0.12	0.10	0.11

Competitive Comparison of Montanaro UK Smaller Inv Tr's Debt-to-Equity

For the Asset Management subindustry, Montanaro UK Smaller Inv Tr'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.

Montanaro UK Smaller Inv Tr's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Montanaro UK Smaller Inv Tr's Debt-to-Equity falls into.

Montanaro UK Smaller Inv Tr Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Montanaro UK Smaller Inv Tr's Debt to Equity Ratio for the fiscal year that ended in Mar. 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	+	20)	/	191.649
	=	0.10

Montanaro UK Smaller Inv Tr's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	20)	/	184.9
	=	0.11

Montanaro UK Smaller Inv Tr (LSE:MTU) 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.

Montanaro UK Smaller Inv Tr Debt-to-Equity Related Terms

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

Montanaro UK Smaller Inv Tr (LSE:MTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Montanaro UK Smaller Companies Inv Tr PLC (LSE:MTU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MTUl:UK

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.montanaro.co.uk

Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market ( AIM) and to outperform its benchmark, the Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.

Montanaro UK Smaller Inv Tr (LSE:MTU) Headlines

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