Henderson Opportunities Trust (LSE:HOT) LT-Debt-to-Total-Asset : 0.11 (As of Oct. 2023)

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What is Henderson Opportunities 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. Henderson Opportunities Trust's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.11.

Henderson Opportunities Trust's long-term debt to total assets ratio declined from Oct. 2022 (0.13) to Oct. 2023 (0.11). It may suggest that Henderson Opportunities Trust is progressively becoming less dependent on debt to grow their business.

Henderson Opportunities Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Henderson Opportunities 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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Henderson Opportunities Trust LT-Debt-to-Total-Asset Chart

Henderson Opportunities Trust Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.12

0.14

0.12

0.13

0.11

Henderson Opportunities Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.14	0.13	0.15	0.11

Henderson Opportunities Trust LT-Debt-to-Total-Asset Calculation

Henderson Opportunities Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	10.169	/	92.29
	=	0.11

Henderson Opportunities Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	10.169	/	92.29
	=	0.11

Henderson Opportunities Trust (LSE:HOT) 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.

Henderson Opportunities Trust LT-Debt-to-Total-Asset Related Terms

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Henderson Opportunities Trust (LSE:HOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henderson Opportunities Trust PLC (LSE:HOT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

http://www.hendersonopportunitiestrust.com

Henderson Opportunities Trust PLC operates as an investment trust company in the United Kingdom. The company's objective is to achieve above average capital growth from investment in a portfolio of predominantly United Kingdom listed companies. It invests in equities and other investments for the longer term. The company's portfolio of investment includes a mixture of large, medium and small companies. Its investment sectors include Industrials, Consumer services, Financials, Technology, Healthcare, Oil and gas, Consumer goods, Basic materials, Utilities and Telecommunications. Henderson Investment Funds Limited acts as the alternative investment fund manager of the company.