Scottish Oriental Smaller Trust (The) (CHIX:SSTL) LT-Debt-to-Total-Asset : 0.07 (As of Aug. 2024)

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What is Scottish Oriental Smaller Trust (The) 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 Oriental Smaller Trust (The)'s long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.07.

Scottish Oriental Smaller Trust (The)'s long-term debt to total assets ratio declined from Aug. 2023 (0.08) to Aug. 2024 (0.07). It may suggest that Scottish Oriental Smaller Trust (The) is progressively becoming less dependent on debt to grow their business.

Scottish Oriental Smaller Trust (The) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Scottish Oriental Smaller Trust (The)'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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Scottish Oriental Smaller Trust (The) LT-Debt-to-Total-Asset Chart

Scottish Oriental Smaller Trust (The) Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.08

0.07

Scottish Oriental Smaller Trust (The) Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	-	0.08	-	0.07

Scottish Oriental Smaller Trust (The) LT-Debt-to-Total-Asset Calculation

Scottish Oriental Smaller Trust (The)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	29.842	/	450.564
	=	0.07

Scottish Oriental Smaller Trust (The)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	29.842	/	450.564
	=	0.07

Scottish Oriental Smaller Trust (The) (CHIX:SSTl) 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 Oriental Smaller Trust (The) LT-Debt-to-Total-Asset Related Terms

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Scottish Oriental Smaller Trust (The) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Scottish Oriental Smaller Companies Trust (The) PLC (CHIX:SSTl) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SST:UK

Address

28 Walker Street, Edinburgh, GBR, EH3 7HR

Website

https://www.scottishoriental.com

Scottish Oriental Smaller Companies Trust (The) PLC is a investment trusts in the Asian equity category with a specialist focus on smaller companies. The objective of the Company is to achieve long-term capital growth by carefully selecting quality companies with franchises at reasonable valuations.

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