Murrayome Trust (LSE:MUT) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Murrayome Trust Debt-to-Equity?

Murrayome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Murrayome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £114.85 Mil. Murrayome Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £990.21 Mil. Murrayome Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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

LSE:MUT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.12
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Murrayome Trust was 0.12. The lowest was 0.07. And the median was 0.11.

LSE:MUT's Debt-to-Equity is ranked better than
64.46% of 1013 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:MUT: 0.12

Murrayome Trust Debt-to-Equity Historical Data

The historical data trend for Murrayome 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.

* Premium members only.

Murrayome Trust Debt-to-Equity Chart

Murrayome Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.08

0.09

0.11

0.12

Murrayome Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.12	0.12	0.12	0.12

Competitive Comparison of Murrayome Trust's Debt-to-Equity

For the Asset Management subindustry, Murrayome 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.

Murrayome Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Murrayome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Murrayome Trust's Debt to Equity Ratio for the fiscal year that ended in Jun. 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	+	115.519)	/	999.184
	=	0.12

Murrayome Trust'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	+	114.854)	/	990.208
	=	0.12

Murrayome Trust (LSE:MUT) 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.

Murrayome Trust Debt-to-Equity Related Terms

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Murrayome Trust (LSE:MUT) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MUTl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.murray-income.co.uk

Murray Income Trust PLC is an asset management firm in the United Kingdom. Its core objective is to achieve high and growing income combined with capital growth through investment in a portfolio of UK equities which cover a diverse range of sectors. Its primary focus remains on dividend-paying growth stocks of large-cap companies. The trust's investment follows a bottom-up and top-down stock picking approach, thereby focusing on factors such as strong cash flow and balance sheet.

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