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What is Scottish Mortgage Investment Trust Debt-to-Equity?
Scottish Mortgage Investment TrustLSE:SMT +0.78%33 Debt-to-Equity is 0.12 as of Mar. 2026, which is 9% above its 10-year median of 0.11. GuruFocus rates LSE:SMT with a GF Score™ of 33/100. The stock has 5 warning signs investors should review. Among 938 Asset Management companies, Scottish Mortgage Investment Trust ranks better than 65.67% on this metric.
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.
LSE:SMT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.16
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of Scottish Mortgage Investment Trust was 0.16. The lowest was 0.07. And the median was 0.11.
LSE:SMT's Debt-to-Equity is ranked better than 65.67% of 938
companies
in the Asset Management industry
Industry Median: 0.21
vs LSE:SMT: 0.12
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.
Scottish Mortgage Investment Trust Debt-to-Equity Related Terms
Scottish Mortgage Investment Trust Debt-to-Equity Historical Data
* 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.
LSE:SMT vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, Scottish Mortgage Investment 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.
Scottish Mortgage Investment Trust Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Scottish Mortgage Investment Trust's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Scottish Mortgage Investment Trust's Debt-to-Equity falls into.
* 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.
Scottish Mortgage Investment Trust (LSE:SMT) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Scottish Mortgage Investment Trust and its competitors. This is near median its historical median of 0.11. Over the past decade, Scottish Mortgage Investment Trust's Debt-to-Equity has ranged from 0.07 to 0.16. According to the industry distribution chart, Scottish Mortgage Investment Trust ranks #322 out of 938 companies in the Asset Management industry, placing it in the top 34.3%.
Is Scottish Mortgage Investment Trust's Debt-to-Equity too high?
Scottish Mortgage Investment Trust's current Debt-to-Equity of 0.12 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.16. The Asset Management industry median Debt-to-Equity is 0.21. Scottish Mortgage Investment Trust's value of 0.12 is 42.9% below this industry median. Based on the distribution chart, Scottish Mortgage Investment Trust ranks #322 out of 938 companies in the Asset Management industry, which is above the industry midpoint. Overall, Scottish Mortgage Investment Trust has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Scottish Mortgage Investment Trust's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Scottish Mortgage Investment Trust ranks #322 out of 938 companies for Debt-to-Equity. This puts Scottish Mortgage Investment Trust in the upper half of its industry. The industry median Debt-to-Equity is 0.21. Scottish Mortgage Investment Trust's value of 0.12 is 42.9% below this benchmark. Historically, Scottish Mortgage Investment Trust's own Debt-to-Equity has ranged from 0.07 to 0.16 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.21, Scottish Mortgage Investment 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 938 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. Scottish Mortgage Investment Trust's current Debt-to-Equity of 0.12 is 42.9% 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 Scottish Mortgage Investment 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. Scottish Mortgage Investment Trust's current Debt-to-Equity is 0.12, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scottish Mortgage Investment Trust stock overvalued right now?
Scottish Mortgage Investment Trust (LSE:SMT) has a current Debt-to-Equity of 0.12. The current Debt-to-Equity is 0.12, which is near median its 10-year median of 0.11 and 42.9% below the Asset Management industry median of 0.21. Scottish Mortgage Investment Trust's overall GF Score™ is 33/100 with 5 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 Scottish Mortgage Investment Trust (LSE:SMT), the current Debt-to-Equity is 0.12 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.
Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long-term investments chosen on a global basis enabling the company to provide capital and dividend growth. The company focuses on investment in quoted securities irrespective of any geographical, industry, and sector exposure. The portfolio also invests in fixed-income securities, convertible securities, funds, unquoted entities, and other assets.
33GF Score
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