abrdn Asianome Fund (LSE:AAIF) Debt-to-Equity : 0.08 (As of Dec. 2023)

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What is abrdn Asianome Fund Debt-to-Equity?

abrdn Asianome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. abrdn Asianome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £32.12 Mil. abrdn Asianome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £398.87 Mil. abrdn Asianome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.08.

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 abrdn Asianome Fund's Debt-to-Equity or its related term are showing as below:

LSE:AAIF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.09 Max: 0.12
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of abrdn Asianome Fund was 0.12. The lowest was 0.08. And the median was 0.09.

LSE:AAIF's Debt-to-Equity is ranked better than
74.61% of 1016 companies
in the Asset Management industry
Industry Median: 0.195 vs LSE:AAIF: 0.08

abrdn Asianome Fund Debt-to-Equity Historical Data

The historical data trend for abrdn Asianome Fund'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.

abrdn Asianome Fund Debt-to-Equity Chart

abrdn Asianome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.08

0.10

0.08

abrdn Asianome Fund 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															0.10	0.12	0.10	0.10	0.08

Competitive Comparison of abrdn Asianome Fund's Debt-to-Equity

For the Asset Management subindustry, abrdn Asianome Fund'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.

abrdn Asianome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asianome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where abrdn Asianome Fund's Debt-to-Equity falls into.

abrdn Asianome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

abrdn Asianome Fund'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	+	32.123)	/	398.868
	=	0.08

abrdn Asianome Fund'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	+	32.123)	/	398.868
	=	0.08

abrdn Asianome Fund (LSE:AAIF) 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.

abrdn Asianome Fund Debt-to-Equity Related Terms

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

abrdn Asianome Fund (LSE:AAIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Asian Income Fund Ltd (LSE:AAIF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AAIFl:UK

Address

Sir Walter Raleigh House, 48 - 50 Esplanade, 1st Floor, Saint Helier, JEY, JE2 3QB

Website

https://www.asian-income.co.uk

abrdn Asian Income Fund Ltd is an investment fund managed by Aberdeen Asset Management Asia Ltd based in the United Kingdom. The company aims to invest in Asia-based securities listed on stock exchanges in the Asia-Pacific region. It also invests in companies listed on other international exchanges that derive revenues or profits from the Asia-Pacific region. The company's strategy involves attracting long-term private and institutional investors and providing the benefits of the growth prospects of Asian companies. Its portfolio comprises various securities such as equity shares, preference shares, debt, convertible securities, warrants, and other equity-related securities.

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