Deneb Investments (JSE:DNB) Debt-to-Asset : 0.34 (As of Sep. 2023)

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What is Deneb Investments Debt-to-Asset?

Deneb Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R366 Mil. Deneb Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R914 Mil. Deneb Investments's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was R3,751 Mil. Deneb Investments's debt to asset for the quarter that ended in Sep. 2023 was 0.34.

Deneb Investments Debt-to-Asset Historical Data

The historical data trend for Deneb 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.

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Deneb Investments Debt-to-Asset Chart

Deneb Investments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

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0.34

0.33

0.29

0.26

0.30

Deneb Investments Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.30	0.26	0.31	0.30	0.34

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

For the Conglomerates subindustry, Deneb 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.

Deneb Investments's Debt-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Deneb Investments's Debt-to-Asset distribution charts can be found below:

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

Deneb Investments Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Deneb Investments's Debt-to-Asset for the fiscal year that ended in Mar. 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
	=	(152.9	+	923.74)	/	3615.302
	=	0.30

Deneb Investments's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(365.991	+	913.708)	/	3750.814
	=	0.34

Deneb Investments (JSE:DNB) 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.

Deneb Investments Debt-to-Asset Related Terms

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Deneb Investments (JSE:DNB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Deneb Investments Ltd (JSE:DNB) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner Main and Browning Roads, 5th Floor, Deneb House, Observatory, Cape Town, WC, ZAF, 7925

Website

https://www.deneb.co.za

Deneb Investments Ltd is a diversified investment company operating in southern Africa. The company's operating segment includes Property; Industrial Product Manufacturing; Automotive Parts Manufacturing; and Branded Product Distribution. Industrial Product Manufacturing and Branded Product Distribution segments together contribute to the majority of the revenue. Its geographical segments include South Africa, Other African countries, Asia, Europe, North America and South America, of which the majority of the revenue is generated from South Africa.