Murrayome Trust (LSE:MUT) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2023)

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What is Murrayome Trust 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. Murrayome Trust's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.10.

Murrayome Trust's long-term debt to total assets ratio increased from Dec. 2022 (0.10) to Dec. 2023 (0.10). It may suggest that Murrayome Trust is progressively becoming more dependent on debt to grow their business.

Murrayome Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Murrayome Trust'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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Murrayome Trust LT-Debt-to-Total-Asset Chart

Murrayome Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.07

0.08

0.10

Murrayome Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	0.10	0.10	0.10

Murrayome Trust LT-Debt-to-Total-Asset Calculation

Murrayome Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	115.519	/	1120.7
	=	0.10

Murrayome Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	114.854	/	1109.011
	=	0.10

Murrayome Trust (LSE:MUT) 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.

Murrayome Trust LT-Debt-to-Total-Asset Related Terms

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Murrayome Trust (LSE:MUT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Murray Income Trust PLC (LSE:MUT) » Definitions » LT-Debt-to-Total-Asset

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MUTl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.murray-income.co.uk

Murray Income Trust PLC is an asset management firm in the United Kingdom. Its core objective is to achieve high and growing income combined with capital growth through investment in a portfolio of UK equities which cover a diverse range of sectors. Its primary focus remains on dividend-paying growth stocks of large-cap companies. The trust's investment follows a bottom-up and top-down stock picking approach, thereby focusing on factors such as strong cash flow and balance sheet.

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