Alliance Trust (LSE:ATST) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is Alliance Trust Debt-to-Equity?

Alliance Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.0 Mil. Alliance Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £230.1 Mil. Alliance Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £3,336.7 Mil. Alliance Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Alliance Trust's Debt-to-Equity or its related term are showing as below:

LSE:ATST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 0.14
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Alliance Trust was 0.14. The lowest was 0.07. And the median was 0.10.

LSE:ATST's Debt-to-Equity is ranked better than
78.31% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:ATST: 0.07

Alliance Trust Debt-to-Equity Historical Data

The historical data trend for Alliance Trust's Debt-to-Equity 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.

* Premium members only.

Alliance Trust Debt-to-Equity Chart

Alliance Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.12

0.11

0.07

Alliance Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.11	0.09	0.07	0.07	0.07

Competitive Comparison of Alliance Trust's Debt-to-Equity

For the Asset Management subindustry, Alliance Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Alliance Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliance Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alliance Trust's Debt-to-Equity falls into.

Alliance Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alliance Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	230.144)	/	3336.688
	=	0.07

Alliance Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	230.144)	/	3336.688
	=	0.07

Alliance Trust (LSE:ATST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Alliance Trust Debt-to-Equity Related Terms

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Alliance Trust (LSE:ATST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Alliance Trust PLC (LSE:ATST) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

ATSTl:UK

Address

5 West Victoria Dock Road, Dundee, GBR, DD1 3JT

Website

https://www.alliancetrust.co.uk

Alliance Trust PLC is a UK-based investment trust company. Its investment objective is to be a core investment for investors that delivers a real return over the long term through a combination of capital growth and a rising dividend. The Company invests in global equities across a wide range of different sectors and industries to achieve its objective.