Trustco Group Holdings (JSE:TTO) Debt-to-Asset : 0.20 (As of Feb. 2024)

Trustco Group Holdings Debt-to-Asset Chart

Trustco Group Holdings Annual Data
	Trend	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Aug22	Aug23
Debt-to-Asset		Get a 7-Day Free Trial					0.23	0.21	0.19	0.16	0.23

Trustco Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Asset	Get a 7-Day Free Trial															0.07	0.16	0.19	0.23	0.20

Competitive Comparison of Trustco Group Holdings's Debt-to-Asset

For the Asset Management subindustry, Trustco Group 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.

Trustco Group Holdings's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trustco Group Holdings's Debt-to-Asset distribution charts can be found below:

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

Trustco Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Trustco Group Holdings's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

Trustco Group Holdings's Debt-to-Asset for the quarter that ended in Feb. 2024 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.

Trustco Group Holdings  (JSE:TTO) 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.

Trustco Group Holdings Debt-to-Asset Related Terms

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Trustco Group Holdings Business Description