Afine Investments (JSE:ANI) Debt-to-Asset : 0.27 (As of Feb. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Afine Investments Debt-to-Asset?

Afine Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R16.07 Mil. Afine Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R95.18 Mil. Afine Investments's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was R408.19 Mil. Afine Investments's debt to asset for the quarter that ended in Feb. 2024 was 0.27.

Afine Investments Debt-to-Asset Historical Data

The historical data trend for Afine Investments'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.

Afine Investments Debt-to-Asset Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Feb24

Debt-to-Asset

0.76

0.26

0.30

0.27

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Asset	Get a 7-Day Free Trial			0.26	0.29	0.30	0.30	0.27

Competitive Comparison of Afine Investments's Debt-to-Asset

For the REIT - Specialty subindustry, Afine Investments'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.

Afine Investments's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Afine Investments's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Afine Investments's Debt-to-Asset falls into.

Afine Investments Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Afine Investments's Debt-to-Asset for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(16.072	+	95.181)	/	408.194
	=	0.27

Afine Investments's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(16.072	+	95.181)	/	408.194
	=	0.27

Afine Investments (JSE:ANI) 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.

Afine Investments Debt-to-Asset Related Terms

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

Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

Afine Investments (JSE:ANI) Headlines

No Headlines