Ashmore Group (LSE:ASHM) Debt-to-Equity : 0.01 (As of Jun. 2024)

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What is Ashmore Group Debt-to-Equity?

Ashmore Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £1.9 Mil. Ashmore Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £4.5 Mil. Ashmore Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £882.6 Mil. Ashmore Group's debt to equity for the quarter that ended in Jun. 2024 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 Ashmore Group's Debt-to-Equity or its related term are showing as below:

LSE:ASHM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Ashmore Group was 0.01. The lowest was 0.01. And the median was 0.01.

LSE:ASHM's Debt-to-Equity is ranked better than
99.9% of 980 companies
in the Asset Management industry
Industry Median: 0.2 vs LSE:ASHM: 0.01

Ashmore Group Debt-to-Equity Historical Data

The historical data trend for Ashmore Group'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.

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Ashmore Group Debt-to-Equity Chart

Ashmore Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.01

Ashmore Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Ashmore Group's Debt-to-Equity

For the Asset Management subindustry, Ashmore Group'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.

Ashmore Group's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Ashmore Group's Debt-to-Equity falls into.

Ashmore Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ashmore Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(1.9	+	4.5)	/	882.6
	=	0.01

Ashmore Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(1.9	+	4.5)	/	882.6
	=	0.01

Ashmore Group (LSE:ASHM) 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.

Ashmore Group Debt-to-Equity Related Terms

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Ashmore Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ashmore Group PLC (LSE:ASHM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AJMPF:USA ASHMl:UK A1B:Germany

Address

61 Aldwych, London, GBR, WC2B 4AE

Website

https://www.ashmoregroup.com/en-gb

Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.

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