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MFS Charterome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $0.00 Mil. MFS Charterome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $95.00 Mil. MFS Charterome Trust's Total Stockholders Equity for the quarter that ended in May. 2024 was $284.02 Mil. MFS Charterome Trust's debt to equity for the quarter that ended in May. 2024 was 0.33.
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 MFS Charterome Trust's Debt-to-Equity or its related term are showing as below:
During the past 7 years, the highest Debt-to-Equity Ratio of MFS Charterome Trust was 0.34. The lowest was 0.22. And the median was 0.26.
The historical data trend for MFS Charterome 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.
MFS Charterome Trust Annual Data | ||||||||||||||||
Trend | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.25 | 0.25 | 0.27 | 0.33 | 0.34 |
MFS Charterome Trust Semi-Annual Data | ||||||||||||||
Nov17 | May18 | Nov18 | May19 | Nov19 | May20 | Nov20 | May21 | Nov21 | May22 | Nov22 | May23 | Nov23 | May24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.31 | 0.33 | 0.32 | 0.34 | 0.33 |
For the Asset Management subindustry, MFS Charterome 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.
For the Asset Management industry and Financial Services sector, MFS Charterome Trust's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MFS Charterome Trust's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
MFS Charterome Trust's Debt to Equity Ratio for the fiscal year that ended in Nov. 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 | + | 95) | / | 283.475 | |
= | 0.34 |
MFS Charterome Trust's Debt to Equity Ratio for the quarter that ended in May. 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 | + | 95) | / | 284.019 | |
= | 0.33 |
* 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.
MFS Charterome Trust (NYSE:MCR) 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.
Thank you for viewing the detailed overview of MFS Charterome Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Linda Dougherty | other: OFFICER OF ADVISOR | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Neeraj Arora | other: PORTFOLIO MANAGER | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
John David Mitchell | other: PORTFOLIO MANAGER | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Rosa Licea-mailloux | other: CHIEF COMPLIANCE OFFICER | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Manjit Singh | director | 111 HUNTINGTON AVENUE, BOSTON MA 02072 |
Melissa Kennedy | other: OFFICER OF ADVISOR | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Jacques Jr Goulet | other: OFFICER TO ADVISOR | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Henry Peabody | other: PORTFOLIO MANAGER | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Philipp Burgener | other: PORTFOLIO MANAGER | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Andy Li | other: PORTFOLIO MANAGER | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
James W. Kilman | director | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Edward M. Maloney | officer: Officer of Advisor | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Peter Darrell Jones | director | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
Michael Skatrud | other: Portfolio Manager | MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 01760 |
Carol W. Geremia | officer: PRESIDENT | 111 HUNTINGTON AVENUE, BOSTON MA 02199 |
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