Utility Split Trust (TSX:UST.PR.B.PFD) Debt-to-Equity : 0.00 (As of Jun. 2016)

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What is Utility Split Trust Debt-to-Equity?

Utility Split Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. Utility Split Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. Utility Split Trust's Total Stockholders Equity for the quarter that ended in Jun. 2016 was C$11.48 Mil. Utility Split Trust's debt to equity for the quarter that ended in Jun. 2016 was 0.00.

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

TSX:UST.PR.B.PFD's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Utility Split Trust Debt-to-Equity Historical Data

The historical data trend for Utility Split 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.

* Premium members only.

Utility Split Trust Debt-to-Equity Chart

Utility Split Trust Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Debt-to-Equity

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Utility Split Trust Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Debt-to-Equity	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Utility Split Trust's Debt-to-Equity

For the Asset Management subindustry, Utility Split 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.

Utility Split Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Utility Split Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Utility Split Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 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	+	0)	/	11.835
	=	0.00

Utility Split Trust's Debt to Equity Ratio for the quarter that ended in Jun. 2016 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	+	0)	/	11.482
	=	0.00

Utility Split Trust (TSX:UST.PR.B.PFD) 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.

Utility Split Trust Debt-to-Equity Related Terms

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Utility Split Trust (TSX:UST.PR.B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Utility Split Trust (TSX:UST.PR.B.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.firstasset.com

Utility Split Trust was formed on October 24, 2006 and is domiciled in Canada. It is a close ended equity mutual fund of fund launched by First Asset Fund Inc. The fund is managed by First Asset Investment Management Inc. It invests in funds investing in the public equity markets. The fund also makes direct investments in the public equity markets. It seeks to invest in stocks of companies engaged in the utilities sector.

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