GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » South Ocean Holdings Ltd (JSE:SOH) » Definitions » Debt-to-Asset

South Ocean Holdings (JSE:SOH) Debt-to-Asset : 0.15 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is South Ocean Holdings Debt-to-Asset?

South Ocean Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R31 Mil. South Ocean Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R134 Mil. South Ocean Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was R1,086 Mil. South Ocean Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.15.


South Ocean Holdings Debt-to-Asset Historical Data

The historical data trend for South Ocean Holdings's Debt-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.

South Ocean Holdings Debt-to-Asset Chart

South Ocean Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.08 0.07 0.05 0.15

South Ocean Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-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 0.07 0.09 0.05 0.21 0.15

Competitive Comparison of South Ocean Holdings's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, South Ocean Holdings'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.


South Ocean Holdings's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Ocean Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where South Ocean Holdings's Debt-to-Asset falls into.



South Ocean Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

South Ocean Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(30.643 + 134.27) / 1085.839
=0.15

South Ocean Holdings's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(30.643 + 134.27) / 1085.839
=0.15

* 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.


South Ocean Holdings  (JSE:SOH) 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.


South Ocean Holdings Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of South Ocean Holdings's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


South Ocean Holdings (JSE:SOH) Business Description

Traded in Other Exchanges
N/A
Address
16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing and Property investments. The company earns maximum revenue by selling Copper cables The group operates in South Africa.

South Ocean Holdings (JSE:SOH) Headlines

No Headlines