Invesco Asia Trust (LSE:IAT) Debt-to-Equity : 0.01 (As of Oct. 2023)

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What is Invesco Asia Trust Debt-to-Equity?

Invesco Asia Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Invesco Asia Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £3.09 Mil. Invesco Asia Trust's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £230.57 Mil. Invesco Asia Trust's debt to equity for the quarter that ended in Oct. 2023 was 0.01.

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

LSE:IAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.06
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Invesco Asia Trust was 0.06. The lowest was 0.00. And the median was 0.03.

LSE:IAT's Debt-to-Equity is ranked better than
99.9% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:IAT: 0.01

Invesco Asia Trust Debt-to-Equity Historical Data

The historical data trend for Invesco Asia 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.

Invesco Asia Trust Debt-to-Equity Chart

Invesco Asia Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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0.06

0.01

0.02

0.06

Invesco Asia Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.02	0.04	0.06	0.01

Competitive Comparison of Invesco Asia Trust's Debt-to-Equity

For the Asset Management subindustry, Invesco Asia 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.

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

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

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

Invesco Asia Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Invesco Asia Trust's Debt to Equity Ratio for the fiscal year that ended in Apr. 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	+	14.333)	/	245.004
	=	0.06

Invesco Asia Trust's Debt to Equity Ratio for the quarter that ended in Oct. 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	+	3.091)	/	230.572
	=	0.01

Invesco Asia Trust (LSE:IAT) 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.

Invesco Asia Trust Debt-to-Equity Related Terms

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Invesco Asia Trust (LSE:IAT) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

IATl:UK

Address

Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH

Website

https://www.invesco.co.uk

Invesco Asia Trust PLC is a United Kingdom-based investment company. The company looks to provide long-term capital growth by investing in a diversified portfolio of Asian and Australasian companies. Geographically, it has a presence in Australia, China and Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, and Thailand. The company invests in Food, Beverage and Tobacco, Real Estate, Banks, Automobiles and Components, Capital Goods, Insurance, Technology Hardware and Equipment, Utilities, and other sectors.