Henderson Highome Trust (LSE:HHI) Debt-to-Equity : 0.23 (As of Dec. 2023)

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What is Henderson Highome Trust Debt-to-Equity?

Henderson Highome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Henderson Highome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £50.51 Mil. Henderson Highome Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £222.34 Mil. Henderson Highome Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

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 Henderson Highome Trust's Debt-to-Equity or its related term are showing as below:

LSE:HHI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.23 Max: 0.29
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of Henderson Highome Trust was 0.29. The lowest was 0.22. And the median was 0.23.

LSE:HHI's Debt-to-Equity is ranked worse than
52.41% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:HHI: 0.23

Henderson Highome Trust Debt-to-Equity Historical Data

The historical data trend for Henderson Highome 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.

Henderson Highome Trust Debt-to-Equity Chart

Henderson Highome Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.24

0.23

Henderson Highome 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															0.24	0.24	0.23	0.24	0.23

Competitive Comparison of Henderson Highome Trust's Debt-to-Equity

For the Asset Management subindustry, Henderson Highome 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.

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

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

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

Henderson Highome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Henderson Highome 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	+	50.506)	/	222.342
	=	0.23

Henderson Highome 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	+	50.506)	/	222.342
	=	0.23

Henderson Highome Trust (LSE:HHI) 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.

Henderson Highome Trust Debt-to-Equity Related Terms

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Henderson Highome Trust (LSE:HHI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henderson High Income Trust PLC (LSE:HHI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

HHIl:UK

Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

https://www.janushenderson.com

Henderson High Income Trust PLC is a United Kingdom-based investment trust. The company's investment objective is to invest in a prudently diversified selection of both known and smaller companies to provide investors with a high dividend income stream while also maintaining the prospect of capital growth. To achieve this objective, the company invests substantially in ordinary shares of listed companies and the rest in fixed-interest stocks. Henderson's trust comprises securities in a variety of sectors, including financials, consumer goods, consumer services, fixed interest, telecommunications, utilities, healthcare, oil, and gas. The majority of its investments are based in the United Kingdom.

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