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Scottish Mortgage Investment Trust (LSE:SMT) Debt-to-Equity : 0.15 (As of Sep. 2023)


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What is Scottish Mortgage Investment Trust Debt-to-Equity?

Scottish Mortgage Investment Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Scottish Mortgage Investment Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1,701.60 Mil. Scottish Mortgage Investment Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £11,073.95 Mil. Scottish Mortgage Investment Trust's debt to equity for the quarter that ended in Sep. 2023 was 0.15.

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 Scottish Mortgage Investment Trust's Debt-to-Equity or its related term are showing as below:

LSE:SMT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.18
Current: 0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Scottish Mortgage Investment Trust was 0.18. The lowest was 0.06. And the median was 0.11.

LSE:SMT's Debt-to-Equity is ranked better than
57.66% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:SMT: 0.15

Scottish Mortgage Investment Trust Debt-to-Equity Historical Data

The historical data trend for Scottish Mortgage Investment 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.

Scottish Mortgage Investment Trust Debt-to-Equity Chart

Scottish Mortgage Investment Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.11 0.07 0.14 0.16

Scottish Mortgage Investment Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Equity 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 0.08 0.14 0.18 0.16 0.15

Competitive Comparison of Scottish Mortgage Investment Trust's Debt-to-Equity

For the Asset Management subindustry, Scottish Mortgage Investment 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.


Scottish Mortgage Investment Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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



Scottish Mortgage Investment Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Scottish Mortgage Investment Trust's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Scottish Mortgage Investment Trust's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Scottish Mortgage Investment Trust  (LSE:SMT) 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.


Scottish Mortgage Investment Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Scottish Mortgage Investment Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Scottish Mortgage Investment Trust (LSE:SMT) Business Description

Traded in Other Exchanges
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long term investments chosen on a global basis enabling the company to provide capital and dividend growth. It focuses on investment in quoted securities irrespective of any geographical, industry and sector exposure. The portfolio also invests in fixed income securities, convertible securities, funds, unquoted entities, and other assets.

Scottish Mortgage Investment Trust (LSE:SMT) Headlines