Polar Capital Technology Trust (LSE:PCT) Debt-to-Equity: 0.01 (As of Apr. 2026) — 50% Below Median

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LSE:PCT Polar Capital Technology Trust PLC LSE:PCT
41 GF Score
Price £6.27
! 3 Warning Signs
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What is Polar Capital Technology Trust Debt-to-Equity?

Polar Capital Technology Trust LSE:PCT +2.45% 41 Debt-to-Equity is 0.01 as of Apr. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates LSE:PCT with a GF Score™ of 41/100. The stock has 3 warning signs investors should review. Among 960 Asset Management companies, Polar Capital Technology Trust ranks better than 99.9% on this metric.

Polar Capital Technology Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was £0 Mil. Polar Capital Technology Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was £70 Mil. Polar Capital Technology Trust's Total Stockholders Equity for the quarter that ended in Apr. 2026 was £7,325 Mil. Polar Capital Technology Trust's debt to equity for the quarter that ended in Apr. 2026 was 0.01.

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

LSE:PCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Polar Capital Technology Trust was 0.03. The lowest was 0.01. And the median was 0.02.

LSE:PCT's Debt-to-Equity is ranked better than
99.9% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs LSE:PCT: 0.01

Polar Capital Technology Trust  (LSE:PCT) 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 Technology Trust Debt-to-Equity Related Terms


Polar Capital Technology Trust Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Polar Capital Technology 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 Technology Trust Debt-to-Equity Chart

Polar Capital Technology Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.01 0.02 0.01

Polar Capital Technology Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.02 0.02 0.01 0.01

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

For the Asset Management subindustry, Polar Capital Technology 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 Technology Trust Debt-to-Equity vs Asset Management Industry

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

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


LSE:PCT
41GF Score
Polar Capital Technology Trust PLC LSE:PCT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Capital Technology Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Polar Capital Technology Trust's Debt to Equity Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Polar Capital Technology Trust's Debt to Equity Ratio for the quarter that ended in Apr. 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 0.01 mean?
Polar Capital Technology Trust (LSE:PCT) has a Debt-to-Equity of 0.01 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Polar Capital Technology Trust and its competitors. This is 50% below median its historical median of 0.02. Over the past decade, Polar Capital Technology Trust's Debt-to-Equity has ranged from 0.01 to 0.03. According to the industry distribution chart, Polar Capital Technology Trust ranks #1 out of 960 companies in the Asset Management industry, placing it in the top 0.099999999999994%.
Is Polar Capital Technology Trust's Debt-to-Equity too high?
Polar Capital Technology Trust's current Debt-to-Equity of 0.01 is 50% below median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.03. The Asset Management industry median Debt-to-Equity is 0.21. Polar Capital Technology Trust's value of 0.01 is 95.2% below this industry median. Based on the distribution chart, Polar Capital Technology Trust ranks #1 out of 960 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Polar Capital Technology Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Technology Trust's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Technology Trust ranks #1 out of 960 companies for Debt-to-Equity. This places Polar Capital Technology Trust in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.21. Polar Capital Technology Trust's value of 0.01 is 95.2% below this benchmark. Historically, Polar Capital Technology Trust's own Debt-to-Equity has ranged from 0.01 to 0.03 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.21, Polar Capital Technology 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 960 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 Technology Trust's current Debt-to-Equity of 0.01 is 95.2% 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 Technology 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 Technology Trust's current Debt-to-Equity is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Technology Trust stock overvalued right now?
Polar Capital Technology Trust (LSE:PCT) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is 50% below median its 10-year median of 0.02 and 95.2% below the Asset Management industry median of 0.21. Polar Capital Technology Trust's overall GF Score™ is 41/100 with 3 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 Technology Trust (LSE:PCT), the current Debt-to-Equity is 0.01 as of Apr. 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 Technology Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company has an investment objective to achieve long-term capital growth by investing in a diversified portfolio of technology companies world-wide. Geographically, the company generates investment income from North America, Europe, and the Asia Pacific region. It invests in sectors such as Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and others.
41GF Score

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