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Scottish Mortgage Investment Trust (LSE:SMT) Equity-to-Asset : 0.87 (As of Sep. 2023)


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What is Scottish Mortgage Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scottish Mortgage Investment Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £11,073.95 Mil. Scottish Mortgage Investment Trust's Total Assets for the quarter that ended in Sep. 2023 was £12,804.05 Mil. Therefore, Scottish Mortgage Investment Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.87.

The historical rank and industry rank for Scottish Mortgage Investment Trust's Equity-to-Asset or its related term are showing as below:

LSE:SMT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84   Med: 0.9   Max: 0.94
Current: 0.87

During the past 13 years, the highest Equity to Asset Ratio of Scottish Mortgage Investment Trust was 0.94. The lowest was 0.84. And the median was 0.90.

LSE:SMT's Equity-to-Asset is ranked better than
56.17% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:SMT: 0.87

Scottish Mortgage Investment Trust Equity-to-Asset Historical Data

The historical data trend for Scottish Mortgage Investment Trust's Equity-to-Asset 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.

Scottish Mortgage Investment Trust Equity-to-Asset Chart

Scottish Mortgage Investment Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.90 0.93 0.87 0.86

Scottish Mortgage Investment Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset 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 0.92 0.87 0.84 0.86 0.87

Competitive Comparison of Scottish Mortgage Investment Trust's Equity-to-Asset

For the Asset Management subindustry, Scottish Mortgage Investment Trust's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Scottish Mortgage Investment Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Scottish Mortgage Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Scottish Mortgage Investment Trust's Equity-to-Asset falls into.



Scottish Mortgage Investment Trust Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Scottish Mortgage Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=11498/13346.574
=0.86

Scottish Mortgage Investment Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=11073.95/12804.047
=0.86

* 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.


Scottish Mortgage Investment Trust  (LSE:SMT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Scottish Mortgage Investment Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Scottish Mortgage Investment Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Scottish Mortgage Investment Trust (LSE:SMT) Business Description

Traded in Other Exchanges
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Scottish Mortgage Investment Trust PLC is an investment trust company. The company's objective is to maximize total return from a portfolio of long term investments chosen on a global basis enabling the company to provide capital and dividend growth. It focuses on investment in quoted securities irrespective of any geographical, industry and sector exposure. The portfolio also invests in fixed income securities, convertible securities, funds, unquoted entities, and other assets.

Scottish Mortgage Investment Trust (LSE:SMT) Headlines