abrdn New Dawn Investment Trust (LSE:ABD) LT-Debt-to-Total-Asset : 0.08 (As of Apr. 2023)

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What is abrdn New Dawn 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. abrdn New Dawn Investment Trust's long-term debt to total assests ratio for the quarter that ended in Apr. 2023 was 0.08.

abrdn New Dawn Investment Trust's long-term debt to total assets ratio declined from Apr. 2022 (0.09) to Apr. 2023 (0.08). It may suggest that abrdn New Dawn Investment Trust is progressively becoming less dependent on debt to grow their business.

abrdn New Dawn Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for abrdn New Dawn 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.

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abrdn New Dawn Investment Trust LT-Debt-to-Total-Asset Chart

abrdn New Dawn Investment Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.10

0.08

0.09

0.08

abrdn New Dawn Investment Trust Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.08	0.09	0.09	0.08

abrdn New Dawn Investment Trust LT-Debt-to-Total-Asset Calculation

abrdn New Dawn Investment Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	28.632	/	343.494
	=	0.08

abrdn New Dawn Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (Q: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2023 )	/	Total Assets (Q: Apr. 2023 )
	=	28.632	/	343.494
	=	0.08

abrdn New Dawn Investment Trust (LSE:ABD) 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 New Dawn Investment Trust (LSE:ABD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn New Dawn Investment Trust PLC (LSE:ABD) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.newdawn-trust.co.uk

abrdn New Dawn Investment Trust PLC is a closed-end investment company. The company's investment objective is to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan. Geographically, it has a presence in China, Hong Kong, India, Singapore, Australia, South Korea, Taiwan, Indonesia, Philippines, Thailand, Vietnam, Sri Lanka, Malaysia, New Zealand, Myanmar, and Other Asia. It invests in various sectors, some of which include Aerospace and Defence, Automobiles, Banks, Biotechnology, Capital Markets, Chemicals, and others.

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