Chelverton Growth Trust (LSE:CGW) LT-Debt-to-Total-Asset : 0.07 (As of Feb. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Chelverton Growth 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. Chelverton Growth Trust's long-term debt to total assests ratio for the quarter that ended in Feb. 2023 was 0.07.

Chelverton Growth Trust's long-term debt to total assets ratio increased from Feb. 2022 (0.06) to Feb. 2023 (0.07). It may suggest that Chelverton Growth Trust is progressively becoming more dependent on debt to grow their business.

Chelverton Growth Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chelverton Growth 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.

* Premium members only.

Chelverton Growth Trust LT-Debt-to-Total-Asset Chart

Chelverton Growth Trust Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.20

0.12

0.03

0.07

Chelverton Growth Trust Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.03	0.06	0.07	0.07

Chelverton Growth Trust LT-Debt-to-Total-Asset Calculation

Chelverton Growth Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2022 is calculated as

LT Debt to Total Assets (A: Aug. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2022 )	/	Total Assets (A: Aug. 2022 )
	=	0.215	/	3.209
	=	0.07

Chelverton Growth 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 )
	=	0.215	/	3.112
	=	0.07

Chelverton Growth Trust (LSE:CGW) 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.

Chelverton Growth Trust LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Chelverton Growth Trust's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Chelverton Growth Trust (LSE:CGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Chelverton Growth Trust PLC (LSE:CGW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Courtenay Street, Suite 8, Bridge House, Newton Abbot, GBR, TQ12 2QS

Website

http://www.chelvertonam.com

Chelverton Growth Trust PLC is an investment trust. Its objective is to provide capital growth through investment in companies listed on the Official List and traded on the Alternative Investment Market with a market capitalization at the time of investment. Its investment objective is to increase net asset value per share at a higher rate than other quoted smaller company trusts and the MSCI Small Cap UK Index. It invests in securities of publicly quoted UK companies, though it might invest in unquoted securities.

Chelverton Growth Trust (LSE:CGW) Headlines

From GuruFocus

Forefront Analytics, LLC Buys Invesco S&P Global Water Index ETF, SPDR SSGA Gender Diversity Index ETF, JD.com Inc, Sells Invesco Solar ETF, Franco-Nevada Corp, CVS Health Corp

By GuruFocus Research GuruFocus Editor • 11-16-2021

First Affirmative Financial Network Buys 1, Sells 4 in 2nd Quarter

By GuruFocus Research GuruFocus Editor • 07-13-2022