Pick N Pay Stores (JSE:PIK) Debt-to-Asset : 0.66 (As of Feb. 2024)

Pick N Pay Stores Debt-to-Asset Chart

Pick N Pay Stores Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Debt-to-Asset		Get a 7-Day Free Trial					0.56	0.57	0.57	0.55	0.66

Pick N Pay Stores Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Asset	Get a 7-Day Free Trial															0.57	0.57	0.55	0.58	0.66

Competitive Comparison of Pick N Pay Stores's Debt-to-Asset

For the Department Stores subindustry, Pick N Pay Stores's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Pick N Pay Stores's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pick N Pay Stores's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Pick N Pay Stores's Debt-to-Asset falls into.

Pick N Pay Stores Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Pick N Pay Stores's Debt-to-Asset for the fiscal year that ended in Feb. 2024 is calculated as

Pick N Pay Stores's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

* 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.

Pick N Pay Stores  (JSE:PIK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Pick N Pay Stores Debt-to-Asset Related Terms

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Pick N Pay Stores (JSE:PIK) Business Description