Scottish Mortgage Investment Trust (CHIX:SMTL) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Scottish Mortgage Investment 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. Scottish Mortgage Investment Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

Scottish Mortgage Investment Trust's long-term debt to total assets ratio declined from Sep. 2023 (0.13) to Sep. 2024 (0.12). It may suggest that Scottish Mortgage Investment Trust is progressively becoming less dependent on debt to grow their business.

Scottish Mortgage Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Scottish Mortgage Investment 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.

* Premium members only.

Scottish Mortgage Investment Trust LT-Debt-to-Total-Asset Chart

Scottish Mortgage Investment Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.07

0.13

0.14

0.11

Scottish Mortgage Investment Trust Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.13	0.11	0.12

Scottish Mortgage Investment Trust LT-Debt-to-Total-Asset Calculation

Scottish Mortgage Investment Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1644.456	/	14508.672
	=	0.11

Scottish Mortgage Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1590.249	/	13563.422
	=	0.12

Scottish Mortgage Investment Trust (CHIX:SMTl) 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.

Scottish Mortgage Investment Trust LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Scottish Mortgage Investment Trust's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Scottish Mortgage Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Scottish Mortgage Investment Trust PLC (CHIX:SMTl) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SMT:UK

Address

1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN

Website

https://www.scottishmortgage.com

Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long-term investments chosen on a global basis enabling the company to provide capital and dividend growth. It focuses on investment in quoted securities irrespective of any geographical, industry, and sector exposure. The portfolio also invests in fixed-income securities, convertible securities, funds, unquoted entities, and other assets.

Scottish Mortgage Investment Trust Headlines

No Headlines