Baillie Gifford US Growth Trust (LSE:USA) LT-Debt-to-Total-Asset : 0.05 (As of Nov. 2024)

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What is Baillie Gifford US Growth 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. Baillie Gifford US Growth Trust's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.05.

Baillie Gifford US Growth Trust's long-term debt to total assets ratio declined from Nov. 2023 (0.07) to Nov. 2024 (0.05). It may suggest that Baillie Gifford US Growth Trust is progressively becoming less dependent on debt to grow their business.

Baillie Gifford US Growth Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Baillie Gifford US Growth 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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Baillie Gifford US Growth Trust LT-Debt-to-Total-Asset Chart

Baillie Gifford US Growth Trust Annual Data

Trend

May19

May20

May21

May22

May23

May24

LT-Debt-to-Total-Asset

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0.03

0.06

0.07

0.06

Baillie Gifford US Growth Trust Semi-Annual Data
	Jul18	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.04	0.07	0.07	0.06	0.05

Baillie Gifford US Growth Trust LT-Debt-to-Total-Asset Calculation

Baillie Gifford US Growth Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	39.271	/	685.459
	=	0.06

Baillie Gifford US Growth Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	40.997	/	844.657
	=	0.05

Baillie Gifford US Growth Trust (LSE:USA) 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.

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Baillie Gifford US Growth Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Baillie Gifford US Growth Trust PLC (LSE:USA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

3 Street Helen’s Place, London, GBR, EC3A 6AB

Website

https://www.bailliegifford.com

Baillie Gifford US Growth Trust PLC is a closed-end company. Its investment objective is to produce long-term capital growth. It seeks to invest predominantly in listed and unlisted US companies. It invests in equities, multi-asset, and fixed income. The company makes its investments either directly, or through one or more wholly owned subsidiary companies, or through investment funds.