Aberforth Smaller Trust (LSE:ASL) Equity-to-Asset: 0.94 (As of Jun. 2026) — Near Median

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LSE:ASL Aberforth Smaller Companies Trust PLC LSE:ASL
37 GF Score
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What is Aberforth Smaller Trust Equity-to-Asset?

Aberforth Smaller Trust LSE:ASL -0.35% 37 Equity-to-Asset is 0.94 as of Jun. 2026, which is 1% below its 10-year median of 0.95. GuruFocus rates LSE:ASL with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 1,631 Asset Management companies, Aberforth Smaller Trust ranks better than 69.83% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aberforth Smaller Trust's Total Stockholders Equity for the quarter that ended in Jun. 2026 was £1,391.37 Mil. Aberforth Smaller Trust's Total Assets for the quarter that ended in Jun. 2026 was £1,482.30 Mil. Therefore, Aberforth Smaller Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.94.

The historical rank and industry rank for Aberforth Smaller Trust's Equity-to-Asset or its related term are showing as below:

LSE:ASL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.93   Med: 0.95   Max: 1
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Aberforth Smaller Trust was 1.00. The lowest was 0.93. And the median was 0.95.

LSE:ASL's Equity-to-Asset is ranked better than
69.83% of 1631 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:ASL: 0.94

Aberforth Smaller Trust  (LSE:ASL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Aberforth Smaller Trust Equity-to-Asset Related Terms


Aberforth Smaller Trust Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Aberforth Smaller Trust's Equity-to-Asset 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.

Aberforth Smaller Trust Equity-to-Asset Chart

Aberforth Smaller Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.94 0.95 0.93 0.95

Aberforth Smaller Trust Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Equity-to-Asset 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 0.93 0.93 0.95 0.95 0.94

LSE:ASL vs BLK, BX, KKR: Equity-to-Asset Comparison

For the Asset Management subindustry, Aberforth Smaller Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Aberforth Smaller Trust Equity-to-Asset vs Asset Management Industry

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

* The bar in red indicates where Aberforth Smaller Trust's Equity-to-Asset falls into.


LSE:ASL
37GF Score
Aberforth Smaller Companies Trust PLC LSE:ASL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Aberforth Smaller Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Aberforth Smaller Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1391.716/1467.022
=0.95

Aberforth Smaller Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=1391.371/1482.3
=0.94

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.94 mean?
Aberforth Smaller Trust (LSE:ASL) has a Equity-to-Asset of 0.94 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Aberforth Smaller Trust and its competitors. This is near median its historical median of 0.95. Over the past decade, Aberforth Smaller Trust's Equity-to-Asset has ranged from 0.93 to 1.00. According to the industry distribution chart, Aberforth Smaller Trust ranks #492 out of 1631 companies in the Asset Management industry, placing it in the top 30.2%.
Is Aberforth Smaller Trust's Equity-to-Asset too high?
Aberforth Smaller Trust's current Equity-to-Asset of 0.94 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. Aberforth Smaller Trust's value of 0.94 is 13.3% above this industry median. Based on the distribution chart, Aberforth Smaller Trust ranks #492 out of 1631 companies in the Asset Management industry, which is above the industry midpoint. Overall, Aberforth Smaller Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Aberforth Smaller Trust's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Aberforth Smaller Trust ranks #492 out of 1631 companies for Equity-to-Asset. This puts Aberforth Smaller Trust in the upper half of its industry. The industry median Equity-to-Asset is 0.83. Aberforth Smaller Trust's value of 0.94 is 13.3% above this benchmark. Historically, Aberforth Smaller Trust's own Equity-to-Asset has ranged from 0.93 to 1.00 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.83, Aberforth Smaller Trust has consistently been above 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,631 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberforth Smaller Trust's current Equity-to-Asset of 0.94 is 13.3% above 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Aberforth Smaller Trust and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberforth Smaller Trust's current Equity-to-Asset is 0.94, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberforth Smaller Trust stock overvalued right now?
Aberforth Smaller Trust (LSE:ASL) has a current Equity-to-Asset of 0.94. The current Equity-to-Asset is 0.94, which is near median its 10-year median of 0.95 and 13.3% above the Asset Management industry median of 0.83. Aberforth Smaller Trust's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Aberforth Smaller Trust (LSE:ASL), the current Equity-to-Asset is 0.94 as of Jun. 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.

Aberforth Smaller Trust Business Description

Address 14 Melville Street, Edinburgh, GBR, EH3 7NS
Aberforth Smaller Companies Trust PLC is a UK based closed-ended investment trust. Its objective is to achieve a net asset value total return (with dividends reinvested) greater than that of the Numis Smaller Companies Index (excluding Investment Companies) over the long term. The Company also aims to achieve its objective by investing in small United Kingdom quoted companies. It invests in various sectors, such as technology, telecommunications, health care, financials, real estate, consumer discretionary, consumer staples, industrials, basic materials and energy.
37GF Score

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