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Mercantile Investment Trust (The) (LSE:MRC) Debt-to-Revenue : 1.94 (As of Jan. 2024)


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What is Mercantile Investment Trust (The) Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Mercantile Investment Trust (The)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.00 Mil. Mercantile Investment Trust (The)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £327.93 Mil. Mercantile Investment Trust (The)'s annualized Revenue for the quarter that ended in Jan. 2024 was £169.49 Mil. Mercantile Investment Trust (The)'s annualized Debt-to-Revenue for the quarter that ended in Jan. 2024 was 1.93.


Mercantile Investment Trust (The) Debt-to-Revenue Historical Data

The historical data trend for Mercantile Investment Trust (The)'s Debt-to-Revenue 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.

Mercantile Investment Trust (The) Debt-to-Revenue Chart

Mercantile Investment Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 N/A 1.23 N/A 4.26

Mercantile Investment Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Debt-to-Revenue 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 N/A N/A 10.10 N/A 1.94

Competitive Comparison of Mercantile Investment Trust (The)'s Debt-to-Revenue

For the Asset Management subindustry, Mercantile Investment Trust (The)'s Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Mercantile Investment Trust (The)'s Debt-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercantile Investment Trust (The)'s Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mercantile Investment Trust (The)'s Debt-to-Revenue falls into.



Mercantile Investment Trust (The) Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Mercantile Investment Trust (The)'s Debt-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 327.934) / 77.007
=4.26

Mercantile Investment Trust (The)'s annualized Debt-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 327.934) / 169.494
=1.93

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Jan. 2024) Revenue data.


Mercantile Investment Trust (The) Debt-to-Revenue Related Terms

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Mercantile Investment Trust (The) (LSE:MRC) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Mercantile Investment Trust (The) PLC is an investment trust managed by JP Morgan Funds Limited. It aims to achieve capital growth through investing in a diversified portfolio of UK medium and smaller companies. The trust's investment portfolio consists of various sectors such as Consumer Services, Financials, Industrial, Technology, Health Care, Basic Materials, Telecommunications, Utilities, Consumer Goods, Real Estate, and Oil & Gas.