PHD (Pioneer Floating Rate Trust) LT-Debt-to-Total-Asset: 0.31 (As of May. 2025)


PHD Pioneer Floating Rate Trust PHD
12 GF Score
Price $0.40
! 1 Warning Sign
View Full Analysis

What is Pioneer Floating Rate Trust LT-Debt-to-Total-Asset?

Pioneer Floating Rate Trust PHD 12 LT-Debt-to-Total-Asset is 0.31 as of May. 2025. GuruFocus rates PHD with a GF Score™ of 12/100. The stock has 1 warning sign 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. Pioneer Floating Rate Trust's long-term debt to total assests ratio for the quarter that ended in May. 2025 was 0.31.

Pioneer Floating Rate Trust's long-term debt to total assets ratio increased from May. 2024 (0.31) to May. 2025 (0.31). It may suggest that Pioneer Floating Rate Trust is progressively becoming more dependent on debt to grow their business.

Pioneer Floating Rate Trust  (NYSE:PHD) 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.

Pioneer Floating Rate Trust LT-Debt-to-Total-Asset Related Terms

Pioneer Floating Rate Trust LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Pioneer Floating Rate 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.

Pioneer Floating Rate Trust LT-Debt-to-Total-Asset Chart

Pioneer Floating Rate Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.27 0.31 0.32 0.32 0.30

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25
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 0.31 0.32 0.31 0.30 0.31
PHD
12GF Score
Pioneer Floating Rate Trust PHD
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pioneer Floating Rate Trust LT-Debt-to-Total-Asset Calculation

Pioneer Floating Rate Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (A: Nov. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2024 )/Total Assets (A: Nov. 2024 )
=60/198.905
=0.30

Pioneer Floating Rate Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2025 is calculated as

LT Debt to Total Assets (Q: May. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: May. 2025 )/Total Assets (Q: May. 2025 )
=60/190.961
=0.31

* 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 0.31 mean?
Pioneer Floating Rate Trust (PHD) has a LT-Debt-to-Total-Asset of 0.31 as of May. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pioneer Floating Rate Trust and its competitors.
Is Pioneer Floating Rate Trust's LT-Debt-to-Total-Asset too high?
Pioneer Floating Rate Trust's current LT-Debt-to-Total-Asset is 0.31. Overall, Pioneer Floating Rate Trust has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Floating Rate Trust's LT-Debt-to-Total-Asset compare to DEFG and PIAC?
Pioneer Floating Rate Trust's LT-Debt-to-Total-Asset of 0.31 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 Pioneer Floating Rate Trust and its competitors. Pioneer Floating Rate Trust's current LT-Debt-to-Total-Asset is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Floating Rate Trust stock overvalued right now?
Pioneer Floating Rate Trust (PHD) has a current LT-Debt-to-Total-Asset of 0.31. The current LT-Debt-to-Total-Asset is 0.31. Pioneer Floating Rate Trust's overall GF Score™ is 12/100 with 1 warning sign to review. 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 Pioneer Floating Rate Trust (PHD), the current LT-Debt-to-Total-Asset is 0.31 as of May. 2025. 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.

Pioneer Floating Rate Trust Business Description

Address 60 State Street, Boston, MA, USA, 02109
Pioneer Floating Rate Trust is a diversified, closed-end fund. It invests in the fixed income markets of the United States. The fund basically invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the other High Yield Loans Index banks.
12GF Score

Get the complete analysis for PHD

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.40
Price