GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Super Group (SGHC) Ltd (NYSE:SGHC) » Definitions » Liabilities-to-Assets

Super Group (SGHC) (Super Group (SGHC)) Liabilities-to-Assets : 0.39 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Super Group (SGHC) Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Super Group (SGHC)'s Total Liabilities for the quarter that ended in Mar. 2024 was $403 Mil. Super Group (SGHC)'s Total Assets for the quarter that ended in Mar. 2024 was $1,044 Mil. Therefore, Super Group (SGHC)'s Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.39.


Super Group (SGHC) Liabilities-to-Assets Historical Data

The historical data trend for Super Group (SGHC)'s Liabilities-to-Assets 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.

Super Group (SGHC) Liabilities-to-Assets Chart

Super Group (SGHC) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.22 0.87 0.39 0.39 0.44

Super Group (SGHC) Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.49 0.37 0.41 0.44 0.39

Competitive Comparison of Super Group (SGHC)'s Liabilities-to-Assets

For the Gambling subindustry, Super Group (SGHC)'s Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Super Group (SGHC)'s Liabilities-to-Assets Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Super Group (SGHC)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Super Group (SGHC)'s Liabilities-to-Assets falls into.



Super Group (SGHC) Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Super Group (SGHC)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=460.279/1047.842
=0.44

Super Group (SGHC)'s Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=403.426/1044.283
=0.39

* 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.


Super Group (SGHC)  (NYSE:SGHC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Super Group (SGHC) Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Super Group (SGHC)'s Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Super Group (SGHC) (Super Group (SGHC)) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway House, Havilland Street, St Peter Port, GGY, GY1 2QE
Super Group (SGHC) Ltd is the holding company for global online sports betting and gaming businesses. The company's reportable segments are Betway and Spin. Majority of revenue is generated from Betway segment. Betway segment is single brand online sportsbook focused business with a global footprint and strategic partnerships with teams and leagues worldwide. Betway additionally recovers sponsorship marketing spend through brand license agreements.