M & G Highome Investment Trust (LSE:MGHC) Liabilities-to-Assets : 0.99 (As of Nov. 2016)

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What is M & G Highome Investment Trust Liabilities-to-Assets?

M & G Highome Investment Trust LSE:MGHC Liabilities-to-Assets is 0.99 as of Nov. 2016. The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. M & G Highome Investment Trust's Total Liabilities for the quarter that ended in Nov. 2016 was £424.25 Mil. M & G Highome Investment Trust's Total Assets for the quarter that ended in Nov. 2016 was £429.61 Mil. Therefore, M & G Highome Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2016 was 0.99.

M & G Highome Investment Trust  (LSE:MGHC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

M & G Highome Investment Trust Liabilities-to-Assets Related Terms

M & G Highome Investment Trust Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for M & G Highome Investment Trust's Liabilities-to-Assets 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.

M & G Highome Investment Trust Liabilities-to-Assets Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.97 0.98 0.99

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
Liabilities-to-Assets 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 0.99 0.98 0.99 0.99 0.99

LSE:MGHC vs BKCC, TPVG: Liabilities-to-Assets Comparison

For the Asset Management subindustry, M & G Highome Investment Trust's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

M & G Highome Investment Trust Liabilities-to-Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, M & G Highome Investment Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where M & G Highome Investment Trust's Liabilities-to-Assets falls into.


M & G Highome Investment Trust Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

M & G Highome Investment Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2016 is calculated as:

Liabilities-to-Assets (A: May. 2016 )=Total Liabilities/Total Assets
=416.229/421.587
=0.99

M & G Highome Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2016 is calculated as

Liabilities-to-Assets (Q: Nov. 2016 )=Total Liabilities/Total Assets
=424.249/429.607
=0.99

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.99 mean?
M & G Highome Investment Trust (LSE:MGHC) has a Liabilities-to-Assets of 0.99 as of Nov. 2016. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on M & G Highome Investment Trust and its competitors.
Is M & G Highome Investment Trust's Liabilities-to-Assets too high?
M & G Highome Investment Trust's current Liabilities-to-Assets is 0.99.
How does M & G Highome Investment Trust's Liabilities-to-Assets compare to BKCC and TPVG?
M & G Highome Investment Trust's Liabilities-to-Assets of 0.99 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Asset Management company?
A good Liabilities-to-Assets depends on the Asset Management industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on M & G Highome Investment Trust and its competitors. M & G Highome Investment Trust's current Liabilities-to-Assets is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & G Highome Investment Trust stock overvalued right now?
M & G Highome Investment Trust (LSE:MGHC) has a current Liabilities-to-Assets of 0.99. The current Liabilities-to-Assets is 0.99. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For M & G Highome Investment Trust (LSE:MGHC), the current Liabilities-to-Assets is 0.99 as of Nov. 2016. 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.

M & G Highome Investment Trust Business Description

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.