Cayenne Trust (The) (LSE:TCT) LT-Debt-to-Total-Asset : 0.01 (As of Jul. 2015)

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What is Cayenne Trust (The) 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. Cayenne Trust (The)'s long-term debt to total assests ratio for the quarter that ended in Jul. 2015 was 0.01.

Cayenne Trust (The)'s long-term debt to total assets ratio declined from Jul. 2014 (0.18) to Jul. 2015 (0.01). It may suggest that Cayenne Trust (The) is progressively becoming less dependent on debt to grow their business.

Cayenne Trust (The) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cayenne Trust (The)'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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Cayenne Trust (The) LT-Debt-to-Total-Asset Chart

Cayenne Trust (The) Annual Data

Trend

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

LT-Debt-to-Total-Asset

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0.17

0.20

0.21

0.20

0.19

Cayenne Trust (The) Semi-Annual Data
	Jan06	Jul06	Jan07	Jul07	Jan08	Jul08	Jan09	Jul09	Jan10	Jul10	Jan11	Jul11	Jan12	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.20	0.18	0.19	0.01

Cayenne Trust (The) LT-Debt-to-Total-Asset Calculation

Cayenne Trust (The)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2015 is calculated as

LT Debt to Total Assets (A: Jan. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2015 )	/	Total Assets (A: Jan. 2015 )
	=	12.743	/	67.882
	=	0.19

Cayenne Trust (The)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2015 is calculated as

LT Debt to Total Assets (Q: Jul. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2015 )	/	Total Assets (Q: Jul. 2015 )
	=	0.528	/	42.249
	=	0.01

Cayenne Trust (The) (LSE:TCT) 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.

Cayenne Trust (The) LT-Debt-to-Total-Asset Related Terms

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Cayenne Trust (The) (LSE:TCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cayenne Trust (The) PLC (LSE:TCT) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.thecayennetrust.com

Cayenne Trust (The) PLC is an investment trust incorporated on DecemberÂ 14,Â 1992. The Company's investment objective is to achieve consistent positive absolute returns. It invests principally in the securities of UK investment trust companies and other closed-end funds. It also has the flexibility to invest in listed or unlisted open-ended funds and may invest in any security issued by any exchange traded fund, investment fund, investment company, holding company or similar collective investment scheme.

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