CQS Natural Resources Growth andome (LSE:CYN) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

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What is CQS Natural Resources Growth andome 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. CQS Natural Resources Growth andome's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

CQS Natural Resources Growth andome's long-term debt to total assets ratio increased from Dec. 2022 (0.08) to Dec. 2023 (0.09). It may suggest that CQS Natural Resources Growth andome is progressively becoming more dependent on debt to grow their business.

CQS Natural Resources Growth andome LT-Debt-to-Total-Asset Historical Data

The historical data trend for CQS Natural Resources Growth andome'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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CQS Natural Resources Growth andome LT-Debt-to-Total-Asset Chart

CQS Natural Resources Growth andome Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.12

0.15

0.12

0.11

0.10

CQS Natural Resources Growth andome Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.08	0.10	0.09

CQS Natural Resources Growth andome LT-Debt-to-Total-Asset Calculation

CQS Natural Resources Growth andome's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	16	/	153.58
	=	0.10

CQS Natural Resources Growth andome's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	14	/	151.207
	=	0.09

CQS Natural Resources Growth andome (LSE:CYN) 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.

CQS Natural Resources Growth andome LT-Debt-to-Total-Asset Related Terms

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CQS Natural Resources Growth andome (LSE:CYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CQS Natural Resources Growth and Income PLC (LSE:CYN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CYNl:UK

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.ncim.co.uk

CQS Natural Resources Growth and Income PLC is an investment trust. The investment objective of the group is to provide shareholders with capital growth and income predominantly from a portfolio of mining and resource equities and of mining, resource and industrial fixed interest securities. The company invests across various sectors such as gold, copper, base metals, agriculture, uranium, oil and gas, silver, shipping, alternative energy, nickel, other mining investments, diamonds, lithium, palm oil, iron ore, fixed interest securities, treasury stock and preference shares.