GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn PLC (OTCPK:SLFPF) » Definitions » Debt-to-Equity

abrdn (SLFPF) Debt-to-Equity : 0.12 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is abrdn Debt-to-Equity?

abrdn's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. abrdn's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $758 Mil. abrdn's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,437 Mil. abrdn'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 abrdn's Debt-to-Equity or its related term are showing as below:

SLFPF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09   Med: 0.16   Max: 0.35
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of abrdn was 0.35. The lowest was 0.09. And the median was 0.16.

SLFPF's Debt-to-Equity is ranked better than
65.32% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs SLFPF: 0.12

abrdn Debt-to-Equity Historical Data

The historical data trend for abrdn'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.

abrdn Debt-to-Equity Chart

abrdn Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.12 0.09 0.11 0.12

abrdn 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 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 0.09 0.10 0.11 0.11 0.12

Competitive Comparison of abrdn's Debt-to-Equity

For the Asset Management subindustry, abrdn'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.


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

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

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



abrdn Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

abrdn's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


abrdn  (OTCPK:SLFPF) 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.


abrdn Debt-to-Equity Related Terms

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


abrdn (SLFPF) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, SCT, EH2 2LL
abrdn PLC provides a variety of investment services. It operates in the following segments: Investments, Adviser, Personal, and Corporate/strategic. The investments segment involves a global asset management business that provides investment solutions for Institutional, Wholesale, and Insurance clients. Adviser business provides services through the Wrap and Elevate platforms to wealth managers and advisers. The personal business combines financial planning business abrdn Financial Planning, digital direct-to-consumer services, and discretionary fund management services. Corporate/strategic mainly comprises certain corporate costs and businesses held for sale. The majority of the company's income comes from the United Kingdom.

abrdn (SLFPF) Headlines