Monks Investment Trust (The) (LSE:MNKS) LT-Debt-to-Total-Asset : 0.08 (As of Oct. 2023)

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What is Monks Investment Trust (The) LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Monks Investment Trust (The)'s long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.08.

Monks Investment Trust (The)'s long-term debt to total assets ratio declined from Oct. 2022 (0.09) to Oct. 2023 (0.08). It may suggest that Monks Investment Trust (The) is progressively becoming less dependent on debt to grow their business.

Monks Investment Trust (The) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Monks Investment Trust (The)'s LT-Debt-to-Total-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.

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Monks Investment Trust (The) LT-Debt-to-Total-Asset Chart

Monks Investment Trust (The) Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.07

0.04

0.08

0.07

Monks Investment Trust (The) Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.08	0.09	0.07	0.08

Monks Investment Trust (The) LT-Debt-to-Total-Asset Calculation

Monks Investment Trust (The)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	174.858	/	2637.04
	=	0.07

Monks Investment Trust (The)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	189.86	/	2478.989
	=	0.08

Monks Investment Trust (The) (LSE:MNKS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Monks Investment Trust (The) LT-Debt-to-Total-Asset Related Terms

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Monks Investment Trust (The) (LSE:MNKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Monks Investment Trust (The) PLC (LSE:MNKS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MNKSl:UK

Address

120 London Wall, Moor House, London, GBR, EC2Y 5ET

Website

https://www.monksinvestmenttrust.co.uk

Monks Investment Trust (The) PLC operates as an investment trust. Its investment objective is to invest internationally to achieve capital growth, which takes priority over income and dividends. The company invests principally in a portfolio of internationally quoted equities. It has a presence in North America, Continental Europe, Asia, Japan, and Other Countries. The company invests in Telecommunications, Financials, Consumer Services, Health Care, Consumer Goods, Industrials, Oil and Gas, and Basic Materials.

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