STS Globalome & Growth Trust (LSE:STS) Debt-to-Equity : 0.05 (As of Mar. 2024)

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What is STS Globalome & Growth Trust Debt-to-Equity?

STS Globalome & Growth Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £0.00 Mil. STS Globalome & Growth Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £15.45 Mil. STS Globalome & Growth Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £314.35 Mil. STS Globalome & Growth Trust's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 STS Globalome & Growth Trust's Debt-to-Equity or its related term are showing as below:

LSE:STS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.1 Max: 0.15
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of STS Globalome & Growth Trust was 0.15. The lowest was 0.05. And the median was 0.10.

LSE:STS's Debt-to-Equity is ranked better than
83.38% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:STS: 0.05

STS Globalome & Growth Trust Debt-to-Equity Historical Data

The historical data trend for STS Globalome & Growth 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.

STS Globalome & Growth Trust Debt-to-Equity Chart

STS Globalome & Growth Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.15

0.07

0.05

STS Globalome & Growth Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.07	0.08	0.07	0.05

Competitive Comparison of STS Globalome & Growth Trust's Debt-to-Equity

For the Asset Management subindustry, STS Globalome & Growth 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.

STS Globalome & Growth Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where STS Globalome & Growth Trust's Debt-to-Equity falls into.

STS Globalome & Growth Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

STS Globalome & Growth Trust's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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	+	15.449)	/	314.353
	=	0.05

STS Globalome & Growth Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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	+	15.449)	/	314.353
	=	0.05

STS Globalome & Growth Trust (LSE:STS) 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.

STS Globalome & Growth Trust Debt-to-Equity Related Terms

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

STS Globalome & Growth Trust (LSE:STS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » STS Global Income & Growth Trust PLC (LSE:STS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

STSl:UK

Address

28 Walker Street, Edinburgh, GBR, EH3 7HR

Website

https://www.stsplc.co.uk

STS Global Income & Growth Trust PLC is an investment trust which invests in a diversified portfolio of assets. Its objective is to achieve long-term capital growth from investments in a portfolio constructed from equities and invests mainly in large capitalization companies. The company invests in Financials; Information technology; Industrials; Consumer staples; Consumer discretionary; Healthcare; Real estate and Communication services sectors. It has a presence in North America, Europe, and the Asia Pacific.

STS Globalome & Growth Trust (LSE:STS) Headlines

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