Downing Renewables & Infrastructure Trust (LSE:DORE) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Downing Renewables & Infrastructure Trust Debt-to-Equity?

Downing Renewables & Infrastructure Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Downing Renewables & Infrastructure Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Downing Renewables & Infrastructure Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £212.06 Mil. Downing Renewables & Infrastructure Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 Downing Renewables & Infrastructure Trust's Debt-to-Equity or its related term are showing as below:

LSE:DORE's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Downing Renewables & Infrastructure Trust Debt-to-Equity Historical Data

The historical data trend for Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust Debt-to-Equity Chart

Downing Renewables & Infrastructure Trust Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

Downing Renewables & Infrastructure Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	-	-	-	-	-

Competitive Comparison of Downing Renewables & Infrastructure Trust's Debt-to-Equity

For the Asset Management subindustry, Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Downing Renewables & Infrastructure Trust's Debt-to-Equity falls into.

Downing Renewables & Infrastructure Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Downing Renewables & Infrastructure 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	+	0)	/	212.062
	=	0.00

Downing Renewables & Infrastructure 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	+	0)	/	212.062
	=	0.00

Downing Renewables & Infrastructure Trust (LSE:DORE) 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.

Downing Renewables & Infrastructure Trust Debt-to-Equity Related Terms

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Downing Renewables & Infrastructure Trust (LSE:DORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Downing Renewables & Infrastructure Trust PLC (LSE:DORE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.doretrust.com

Downing Renewables & Infrastructure Trust PLC is an asset management company. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK, Ireland and Northern Europe.

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