F&C Investment Trust (LSE:FCIT) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

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What is F&C 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. F&C Investment Trust's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

F&C Investment Trust's long-term debt to total assets ratio declined from Jun. 2023 (0.11) to Jun. 2024 (0.09). It may suggest that F&C Investment Trust is progressively becoming less dependent on debt to grow their business.

F&C Investment Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for F&C 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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F&C Investment Trust LT-Debt-to-Total-Asset Chart

F&C Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.08

0.09

0.11

0.10

F&C Investment Trust Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.11	0.11	0.10	0.09

F&C Investment Trust LT-Debt-to-Total-Asset Calculation

F&C Investment Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	580.969	/	5629.292
	=	0.10

F&C Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	580.184	/	6163.915
	=	0.09

F&C Investment Trust (LSE:FCIT) 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.

F&C Investment Trust LT-Debt-to-Total-Asset Related Terms

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F&C Investment Trust Business Description

Industry

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FCITl:UK

Address

78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG

Website

https://www.fandc.com

F&C Investment Trust PLC is an investment company. Its objective is to achieve long-term growth in capital and income through a policy of investing in an internationally diversified portfolio of publicly listed equities, as well as unlisted securities and private equity, combined with the use of gearing. Its investment holdings comprise publicly listed companies like Amazon, Google, Microsoft, Unilever, and others.