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abrdn Asia-Pacificome Fund VCC (TSX:FAP) Net Debt Paydown Yield % : 5.03% (As of May. 03, 2024)


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What is abrdn Asia-Pacificome Fund VCC Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield % was 5.03%.


abrdn Asia-Pacificome Fund VCC Net Debt Paydown Yield % Historical Data

The historical data trend for abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield % 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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abrdn Asia-Pacificome Fund VCC Net Debt Paydown Yield % Chart

abrdn Asia-Pacificome Fund VCC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 19.53 -2.28 10.44 5.27

abrdn Asia-Pacificome Fund VCC Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Debt Paydown Yield % 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 -2.28 0.15 10.44 12.74 5.27

Competitive Comparison of abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield %

For the Asset Management subindustry, abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield % falls into.



abrdn Asia-Pacificome Fund VCC Net Debt Paydown Yield % Calculation

abrdn Asia-Pacificome Fund VCC's Net Debt Paydown Yield % for the quarter that ended in Oct. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 59.75-54.35 )/102.346968
=5.27 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


abrdn Asia-Pacificome Fund VCC  (TSX:FAP) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


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abrdn Asia-Pacificome Fund VCC (TSX:FAP) Business Description

Traded in Other Exchanges
N/A
Address
21 Church Street, Number 01-01 Capital Square 2, Singapore, SGP, 049480
Aberdeen Asia-Pacific Income Investment Co Ltd is a closed-ended investment company. Its investment objective is to obtain current income and may also achieve incidental capital appreciation. The Company seeks to obtain these objectives primarily from investment in long-term debt securities.

abrdn Asia-Pacificome Fund VCC (TSX:FAP) Headlines

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