Aberforth Smaller Trust (LSE:ASL) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Aberforth Smaller 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. Aberforth Smaller Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Aberforth Smaller Trust's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.07). It may suggest that Aberforth Smaller Trust is progressively becoming more dependent on debt to grow their business.

Aberforth Smaller Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aberforth Smaller 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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Aberforth Smaller Trust LT-Debt-to-Total-Asset Chart

Aberforth Smaller Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.05

0.07

Aberforth Smaller Trust Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.05	0.06	0.07

Aberforth Smaller Trust LT-Debt-to-Total-Asset Calculation

Aberforth Smaller Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	103.908	/	1501.527
	=	0.07

Aberforth Smaller Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	103.908	/	1501.527
	=	0.07

Aberforth Smaller Trust (LSE:ASL) 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.

Aberforth Smaller Trust LT-Debt-to-Total-Asset Related Terms

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Aberforth Smaller Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aberforth Smaller Companies Trust PLC (LSE:ASL) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

14 Melville Street, Edinburgh, GBR, EH3 7NS

Website

https://www.aberforth.co.uk

Aberforth Smaller Companies Trust PLC is a UK based closed-ended investment trust. Its objective is to achieve a net asset value total return (with dividends reinvested) greater than that of the Numis Smaller Companies Index (excluding Investment Companies) over the long term. The Company also aims to achieve its objective by investing in small United Kingdom quoted companies. It invests in various sectors, such as technology, telecommunications, health care, financials, real estate, consumer discretionary, consumer staples, industrials, basic materials and energy.

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