abrdn Asia Focus (LSE:AAS) LT-Debt-to-Total-Asset : 0.12 (As of Jan. 2024)

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What is abrdn Asia Focus 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. abrdn Asia Focus's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.12.

abrdn Asia Focus's long-term debt to total assets ratio increased from Jan. 2023 (0.12) to Jan. 2024 (0.12). It may suggest that abrdn Asia Focus is progressively becoming more dependent on debt to grow their business.

abrdn Asia Focus LT-Debt-to-Total-Asset Historical Data

The historical data trend for abrdn Asia Focus'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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abrdn Asia Focus LT-Debt-to-Total-Asset Chart

abrdn Asia Focus Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

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0.11

0.12

abrdn Asia Focus Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.12	0.12	0.12	0.12

abrdn Asia Focus LT-Debt-to-Total-Asset Calculation

abrdn Asia Focus's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	66.073	/	557.716
	=	0.12

abrdn Asia Focus's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	66.178	/	540.303
	=	0.12

abrdn Asia Focus (LSE:AAS) 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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abrdn Asia Focus (LSE:AAS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Asia Focus PLC (LSE:AAS) » Definitions » LT-Debt-to-Total-Asset

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AASl:UK

Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.asia-focus.co.uk

abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.

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