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CQS New City High Yield Fund (LSE:NCYF) Debt-to-Equity : 0.14 (As of Dec. 2023)


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What is CQS New City High Yield Fund Debt-to-Equity?

CQS New City High Yield Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. CQS New City High Yield Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £35.00 Mil. CQS New City High Yield Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £253.12 Mil. CQS New City High Yield Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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 CQS New City High Yield Fund's Debt-to-Equity or its related term are showing as below:

LSE:NCYF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.13   Max: 0.16
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of CQS New City High Yield Fund was 0.16. The lowest was 0.08. And the median was 0.13.

LSE:NCYF's Debt-to-Equity is ranked better than
60.06% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:NCYF: 0.14

CQS New City High Yield Fund Debt-to-Equity Historical Data

The historical data trend for CQS New City High Yield 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.

CQS New City High Yield Fund Debt-to-Equity Chart

CQS New City High Yield Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.15 0.14 0.14 0.15

CQS New City High Yield 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.14 0.14 0.15 0.14

Competitive Comparison of CQS New City High Yield Fund's Debt-to-Equity

For the Asset Management subindustry, CQS New City High Yield 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.


CQS New City High Yield Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CQS New City High Yield Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CQS New City High Yield Fund's Debt-to-Equity falls into.



CQS New City High Yield Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CQS New City High Yield Fund's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

CQS New City High Yield Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


CQS New City High Yield Fund  (LSE:NCYF) 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.


CQS New City High Yield Fund Debt-to-Equity Related Terms

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CQS New City High Yield Fund (LSE:NCYF) Business Description

Traded in Other Exchanges
Address
IFC 1, The Esplanade, Saint Helier, JEY, JE1 4BP
CQS New City High Yield Fund Ltd is a UK-based closed-ended investment company to provide investors with a high dividend yield and the potential for capital growth through its strategic investments in fixed interest securities. The company also invests in equities and other income-yielding securities.

CQS New City High Yield Fund (LSE:NCYF) Headlines

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