The Global Smaller Trust (LSE:GSCT) LT-Debt-to-Total-Asset : 0.06 (As of Apr. 2024)

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What is The Global 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. The Global Smaller Trust's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.06.

The Global Smaller Trust's long-term debt to total assets ratio declined from Apr. 2023 (0.06) to Apr. 2024 (0.06). It may suggest that The Global Smaller Trust is progressively becoming less dependent on debt to grow their business.

The Global Smaller Trust LT-Debt-to-Total-Asset Historical Data

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

The Global Smaller Trust Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

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0.05

0.04

0.06

The Global Smaller Trust Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.06	0.06	0.06

The Global Smaller Trust LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	51.463	/	927.965
	=	0.06

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

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	51.463	/	927.965
	=	0.06

The Global Smaller Trust (LSE:GSCT) 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.

The Global Smaller Trust LT-Debt-to-Total-Asset Related Terms

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The Global Smaller Trust Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

GSCTl:UK

Address

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

Website

https://www.globalsmallercompanies.co.uk

The Global Smaller Companies Trust PLC offers investors access to a broad spread global smaller companies portfolio. Its investment objective is to invest in smaller companies worldwide to secure a high total return. The portfolio consists of individual smaller company investments within the US, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.

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