Polar Capital Global Healthcare Trust (LSE:PCGH) Debt-to-Equity: 0.11 (As of Mar. 2026) — 1000% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:PCGH Polar Capital Global Healthcare Trust PLC LSE:PCGH
41 GF Score
Price £4.42
! 4 Warning Signs
View Full Analysis

What is Polar Capital Global Healthcare Trust Debt-to-Equity?

Polar Capital Global Healthcare Trust LSE:PCGH -1.78% 41 Debt-to-Equity is 0.11 as of Mar. 2026, which is 1000% above its 10-year median of 0.01. GuruFocus rates LSE:PCGH with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 952 Asset Management companies, Polar Capital Global Healthcare Trust ranks better than 67.54% on this metric.

Polar Capital Global Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £0.00 Mil. Polar Capital Global Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was £40.00 Mil. Polar Capital Global Healthcare Trust's Total Stockholders Equity for the quarter that ended in Mar. 2026 was £377.05 Mil. Polar Capital Global Healthcare Trust's debt to equity for the quarter that ended in Mar. 2026 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 Polar Capital Global Healthcare Trust's Debt-to-Equity or its related term are showing as below:

LSE:PCGH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.11
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Polar Capital Global Healthcare Trust was 0.11. The lowest was 0.00. And the median was 0.01.

LSE:PCGH's Debt-to-Equity is ranked better than
67.54% of 952 companies
in the Asset Management industry
Industry Median: 0.21 vs LSE:PCGH: 0.11

Polar Capital Global Healthcare Trust  (LSE:PCGH) 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.


Polar Capital Global Healthcare Trust Debt-to-Equity Related Terms


Polar Capital Global Healthcare Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Polar Capital Global Healthcare 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.

Polar Capital Global Healthcare Trust Debt-to-Equity Chart

Polar Capital Global Healthcare Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.10 0.00 0.00

Polar Capital Global Healthcare Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.00 0.00 0.00 0.11

LSE:PCGH vs BLK, BX, KKR: Debt-to-Equity Comparison

For the Asset Management subindustry, Polar Capital Global Healthcare 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.


Polar Capital Global Healthcare Trust Debt-to-Equity vs Asset Management Industry

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

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


LSE:PCGH
41GF Score
Polar Capital Global Healthcare Trust PLC LSE:PCGH
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polar Capital Global Healthcare Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polar Capital Global Healthcare Trust's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Polar Capital Global Healthcare Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.11 mean?
Polar Capital Global Healthcare Trust (LSE:PCGH) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polar Capital Global Healthcare Trust and its competitors. This is 1000% above median its historical median of 0.01. According to the industry distribution chart, Polar Capital Global Healthcare Trust ranks #309 out of 952 companies in the Asset Management industry, placing it in the top 32.5%.
Is Polar Capital Global Healthcare Trust's Debt-to-Equity too high?
Polar Capital Global Healthcare Trust's current Debt-to-Equity of 0.11 is 1000% above median its 10-year median of 0.01. The Asset Management industry median Debt-to-Equity is 0.21. Polar Capital Global Healthcare Trust's value of 0.11 is 47.6% below this industry median. Based on the distribution chart, Polar Capital Global Healthcare Trust ranks #309 out of 952 companies in the Asset Management industry, which is above the industry midpoint. Overall, Polar Capital Global Healthcare Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Global Healthcare Trust's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Global Healthcare Trust ranks #309 out of 952 companies for Debt-to-Equity. This puts Polar Capital Global Healthcare Trust in the upper half of its industry. The industry median Debt-to-Equity is 0.21. Polar Capital Global Healthcare Trust's value of 0.11 is 47.6% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.21, Polar Capital Global Healthcare Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 952 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Polar Capital Global Healthcare Trust's current Debt-to-Equity of 0.11 is 47.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polar Capital Global Healthcare Trust and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Global Healthcare Trust's current Debt-to-Equity is 0.11, which is 1000% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Global Healthcare Trust stock overvalued right now?
Polar Capital Global Healthcare Trust (LSE:PCGH) has a current Debt-to-Equity of 0.11. The current Debt-to-Equity is 0.11, which is 1000% above median its 10-year median of 0.01 and 47.6% below the Asset Management industry median of 0.21. Polar Capital Global Healthcare Trust's overall GF Score™ is 41/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Polar Capital Global Healthcare Trust (LSE:PCGH), the current Debt-to-Equity is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Polar Capital Global Healthcare Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Healthcare Trust PLC is a United Kingdom-based investment trust company. The company's investment objective is the generation of capital growth through investments in a portfolio of healthcare stocks. The purpose of the company is to provide an investment vehicle for investors which aims to deliver long term capital growth to shareholders from a range of diversified healthcare stocks.
41GF Score

Get the complete analysis for LSE:PCGH

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£4.42
Price