Invesco Asia Trust (CHIX:IATL) LT-Debt-to-Total-Asset : 0.05 (As of Apr. 2024)

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What is Invesco Asia Trust LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Invesco Asia Trust's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.05.

Invesco Asia Trust's long-term debt to total assets ratio increased from Apr. 2022 (0.02) to Apr. 2024 (0.05). It may suggest that Invesco Asia Trust is progressively becoming more dependent on debt to grow their business.

Invesco Asia Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Invesco Asia Trust's LT-Debt-to-Total-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.

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Invesco Asia Trust LT-Debt-to-Total-Asset Chart

Invesco Asia Trust Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

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0.05

0.01

0.02

0.06

0.05

Invesco Asia Trust Quarterly Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.04	0.06	0.01	0.05

Invesco Asia Trust LT-Debt-to-Total-Asset Calculation

Invesco Asia Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	12.676	/	252.711
	=	0.05

Invesco Asia Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	12.676	/	252.711
	=	0.05

Invesco Asia Trust (CHIX:IATl) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Invesco Asia Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Asia Trust PLC (CHIX:IATl) » Definitions » LT-Debt-to-Total-Asset

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IAT:UK

Address

Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH

Website

https://www.invesco.co.uk

Invesco Asia Trust PLC is a United Kingdom-based investment company. The company looks to provide long-term capital growth by investing in a diversified portfolio of Asian and Australasian companies. Geographically, it has a presence in Australia, China and Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, and Thailand. The company invests in Food, Beverage and Tobacco, Real Estate, Banks, Automobiles and Components, Capital Goods, Insurance, Technology Hardware and Equipment, Utilities and other sectors.

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