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Avenueome Credit Strategies Fund LT-Debt-to-Total-Asset

: 0.30 (As of Apr. 2020)
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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. Avenueome Credit Strategies Fund's long-term debt to total assests ratio for the quarter that ended in Apr. 2020 was 0.30.

Avenueome Credit Strategies Fund's long-term debt to total assets ratio declined from Apr. 2019 (0.30) to Apr. 2020 (0.30). It may suggest that Avenueome Credit Strategies Fund is progressively becoming less dependent on debt to grow their business.


Avenueome Credit Strategies Fund LT-Debt-to-Total-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Avenueome Credit Strategies Fund Annual Data
Oct17 Oct18 Oct19
LT-Debt-to-Total-Asset 0.00 0.31 0.30

Avenueome Credit Strategies Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20
LT-Debt-to-Total-Asset Premium Member Only 0.28 0.31 0.30 0.30 0.30

Avenueome Credit Strategies Fund LT-Debt-to-Total-Asset Calculation

Avenueome Credit Strategies Fund's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2019 is calculated as

LT Debt to Total Assets (A: Oct. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2019 )/Total Assets (A: Oct. 2019 )
=72/242.519
=0.30

Avenueome Credit Strategies Fund's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2020 is calculated as

LT Debt to Total Assets (Q: Apr. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2020 )/Total Assets (Q: Apr. 2020 )
=65.5/219.006
=0.30

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Avenueome Credit Strategies Fund  (NYSE:ACP) 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.


Avenueome Credit Strategies Fund LT-Debt-to-Total-Asset Related Terms


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