Personal Assets Trust (LSE:PNL) Debt-to-Equity : 0.00 (As of Oct. 2023)

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What is Personal Assets Trust Debt-to-Equity?

Personal Assets Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Personal Assets Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Personal Assets Trust's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £1,719.33 Mil. Personal Assets Trust's debt to equity for the quarter that ended in Oct. 2023 was 0.00.

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

LSE:PNL's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Personal Assets Trust Debt-to-Equity Historical Data

The historical data trend for Personal Assets 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.

Personal Assets Trust Debt-to-Equity Chart

Personal Assets Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-Equity

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Personal Assets 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															-	-	-	-	-

Competitive Comparison of Personal Assets Trust's Debt-to-Equity

For the Asset Management subindustry, Personal Assets 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.

Personal Assets Trust's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Personal Assets Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Personal Assets 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	+	0)	/	1884.352
	=	0.00

Personal Assets 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	+	0)	/	1719.325
	=	0.00

Personal Assets Trust (LSE:PNL) 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.

Personal Assets Trust Debt-to-Equity Related Terms

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Personal Assets Trust (LSE:PNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Personal Assets Trust PLC (LSE:PNL) » Definitions » Debt-to-Equity

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PNLl:UK

Address

28 Walker Street, Edinburgh, Scotland, GBR, EH3 7HR

Website

https://www.patplc.co.uk

Personal Assets Trust PLC is a self-managed investment trust. The company's policy is to protect and increase the value of shareholders' funds per share over the long term and to earn a high total return as is compatible with risk equivalent to that of the FTSE All-Share Index. The firm invests in equity shares, fixed interest securities, and other investments. The group holds investments in listed companies and fixed interest securities, holds cash balances and has receivables and payables. It from time to time also invests in FTSE 100 Futures and enters into forward currency contracts. The majority of the revenue comes from the United States of America and United Kingdom market.

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