Hudaco Industries (JSE:HDC) Debt-to-Asset : 0.26 (As of Nov. 2023)

Hudaco Industries Debt-to-Asset Chart

Hudaco Industries Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Debt-to-Asset		Get a 7-Day Free Trial					0.22	0.27	0.21	0.22	0.26

Hudaco Industries Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Asset	Get a 7-Day Free Trial															0.21	0.25	0.22	0.25	0.26

Competitive Comparison of Hudaco Industries's Debt-to-Asset

For the Industrial Distribution subindustry, Hudaco Industries'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.

Hudaco Industries's Debt-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hudaco Industries's Debt-to-Asset distribution charts can be found below:

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

Hudaco Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hudaco Industries's Debt-to-Asset for the fiscal year that ended in Nov. 2023 is calculated as

Hudaco Industries's Debt-to-Asset for the quarter that ended in Nov. 2023 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.

Hudaco Industries  (JSE:HDC) 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.

Hudaco Industries Debt-to-Asset Related Terms

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

Hudaco Industries (JSE:HDC) Business Description