M & G Highome Investment Trust (LSE:MGHC) LT-Debt-to-Total-Asset: 0.00 (As of Nov. 2016)


What is M & G Highome Investment Trust LT-Debt-to-Total-Asset?

M & G Highome Investment Trust LSE:MGHC LT-Debt-to-Total-Asset is 0.00 as of Nov. 2016. The stock has 3 warning signs investors should review.

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. M & G Highome Investment Trust's long-term debt to total assests ratio for the quarter that ended in Nov. 2016 was 0.00.

M & G Highome Investment Trust's long-term debt to total assets ratio stayed the same from Nov. 2015 (0.00) to Nov. 2016 (0.00).

M & G Highome Investment Trust  (LSE:MGHC) 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.

M & G Highome Investment Trust LT-Debt-to-Total-Asset Related Terms

M & G Highome Investment Trust LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for M & G Highome 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.

M & G Highome Investment Trust LT-Debt-to-Total-Asset Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

M & G Highome Investment Trust LT-Debt-to-Total-Asset Calculation

M & G Highome Investment Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2016 is calculated as

LT Debt to Total Assets (A: May. 2016 )=Long-Term Debt & Capital Lease Obligation (A: May. 2016 )/Total Assets (A: May. 2016 )
=0/421.587
=0.00

M & G Highome Investment Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2016 is calculated as

LT Debt to Total Assets (Q: Nov. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2016 )/Total Assets (Q: Nov. 2016 )
=0/429.607
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
M & G Highome Investment Trust (LSE:MGHC) has a LT-Debt-to-Total-Asset of 0.00 as of Nov. 2016. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on M & G Highome Investment Trust and its competitors.
Is M & G Highome Investment Trust's LT-Debt-to-Total-Asset too high?
M & G Highome Investment Trust's current LT-Debt-to-Total-Asset is 0.00.
How does M & G Highome Investment Trust's LT-Debt-to-Total-Asset compare to BKCC and TPVG?
M & G Highome Investment Trust's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on M & G Highome Investment Trust and its competitors. M & G Highome Investment Trust's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & G Highome Investment Trust stock overvalued right now?
M & G Highome Investment Trust (LSE:MGHC) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For M & G Highome Investment Trust (LSE:MGHC), the current LT-Debt-to-Total-Asset is 0.00 as of Nov. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

M & G Highome Investment Trust Business Description

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.