THQ (abrdn Healthcare Opportunities Fund) Debt-to-Equity : 0.24 (As of Sep. 2024)

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What is abrdn Healthcare Opportunities Fund Debt-to-Equity?

abrdn Healthcare Opportunities Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.0 Mil. abrdn Healthcare Opportunities Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $225.0 Mil. abrdn Healthcare Opportunities Fund's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $943.9 Mil. abrdn Healthcare Opportunities Fund's debt to equity for the quarter that ended in Sep. 2024 was 0.24.

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 Healthcare Opportunities Fund's Debt-to-Equity or its related term are showing as below:

THQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.26 Max: 0.29
Current: 0.24

During the past 8 years, the highest Debt-to-Equity Ratio of abrdn Healthcare Opportunities Fund was 0.29. The lowest was 0.23. And the median was 0.26.

THQ's Debt-to-Equity is ranked worse than
54.71% of 967 companies
in the Asset Management industry
Industry Median: 0.19 vs THQ: 0.24

abrdn Healthcare Opportunities Fund Debt-to-Equity Historical Data

The historical data trend for abrdn Healthcare Opportunities Fund'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 Healthcare Opportunities Fund Debt-to-Equity Chart

abrdn Healthcare Opportunities Fund Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

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0.27

0.23

0.27

0.24

abrdn Healthcare Opportunities Fund Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial										0.27	0.26	0.27	0.24	0.24

Competitive Comparison of abrdn Healthcare Opportunities Fund's Debt-to-Equity

For the Asset Management subindustry, abrdn Healthcare Opportunities Fund'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 Healthcare Opportunities Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

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

abrdn Healthcare Opportunities Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn Healthcare Opportunities Fund's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 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	+	225)	/	943.922
	=	0.24

abrdn Healthcare Opportunities Fund's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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	+	225)	/	943.922
	=	0.24

abrdn Healthcare Opportunities Fund (NYSE:THQ) 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 Healthcare Opportunities Fund Debt-to-Equity Related Terms

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

abrdn Healthcare Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Healthcare Opportunities Fund (NYSE:THQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103

Website

https://www.abrdnthq.com

abrdn Healthcare Opportunities Fund is a non-diversified closed-end fund in the United States. The fund's investment objective is to seek current income and long-term capital appreciation through investments in U.S. and non-U.S. companies.

Executives

Rose Dimartino	director	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Goetz	director	1310 OAK VALLEY CIRCLE, POLK CITY IA 50226
Bill Maher	director	600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Aberdeen Standard Investments Inc.	other: Adviser	1900 MARKET ST., 2ND FLOOR, PHILADELPHIA PA 19103
Jaclyn Marie Matsick	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Todd Reit	director	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor	other: Director of Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Lucia Sitar	officer: VP and Chief Legal Officer	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Christian Pittard	officer: President	ONE BOW CHURCHYARD, LONDON X0 EC4M 9HH
Jennifer A Nichols	other: Director of Adviser	1735 MARKET STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Stephen Bird	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Joseph Andolina	officer: Chief Compliance Officer & VP	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Alan R Goodson	officer: Vice President	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sharon Ferrari	officer: Treasurer and CFO	1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103