BlackRock Smaller Trust (LSE:BRSC) LT-Debt-to-Total-Asset : 0.08 (As of Feb. 2023)

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What is BlackRock 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. BlackRock Smaller Trust's long-term debt to total assests ratio for the quarter that ended in Feb. 2023 was 0.08.

BlackRock Smaller Trust's long-term debt to total assets ratio declined from Feb. 2022 (0.11) to Feb. 2023 (0.08). It may suggest that BlackRock Smaller Trust is progressively becoming less dependent on debt to grow their business.

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

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

BlackRock Smaller Trust Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.09

0.11

0.08

0.10

BlackRock Smaller Trust Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.11	0.08	0.08	0.10

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

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

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	77.414	/	770.083
	=	0.10

BlackRock Smaller Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (Q: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2023 )	/	Total Assets (Q: Feb. 2023 )
	=	69.504	/	836.579
	=	0.08

BlackRock Smaller Trust (LSE:BRSC) 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.

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

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BlackRock Smaller Trust (LSE:BRSC) Business Description

Industry

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

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BRSCl:UK

Address

12 Throgmorton Avenue, Exchange Place One, London, GBR, EC2N 2DL

Website

https://www.blackrock.com/uk/brsc

BlackRock Smaller Companies Trust PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies. The company mainly attracts long-term private and institutional investors wanting to benefit from the growth prospects of smaller companies. It focuses on investing UK smaller companies which are listed on the London Stock Exchange or on the Alternative Investment Market. The firm has adopted a consistent investment process, focusing on good quality growth companies that are trading well and it also considers sector weightings and underlying themes and method of stock selection.

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