African Rainbow Capital Investments (JSE:AIL) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is African Rainbow Capital Investments Debt-to-Equity?

African Rainbow Capital Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R0 Mil. African Rainbow Capital Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R0 Mil. African Rainbow Capital Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R16,904 Mil. African Rainbow Capital Investments's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for African Rainbow Capital Investments's Debt-to-Equity or its related term are showing as below:

JSE:AIL's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

African Rainbow Capital Investments Debt-to-Equity Historical Data

The historical data trend for African Rainbow Capital Investments's Debt-to-Equity 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.

African Rainbow Capital Investments Debt-to-Equity Chart

African Rainbow Capital Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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African Rainbow Capital Investments Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of African Rainbow Capital Investments's Debt-to-Equity

For the Asset Management subindustry, African Rainbow Capital Investments's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

African Rainbow Capital Investments's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, African Rainbow Capital Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where African Rainbow Capital Investments's Debt-to-Equity falls into.

African Rainbow Capital Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

African Rainbow Capital Investments's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	15383
	=	0.00

African Rainbow Capital Investments's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	16904
	=	0.00

African Rainbow Capital Investments (JSE:AIL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

African Rainbow Capital Investments Debt-to-Equity Related Terms

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African Rainbow Capital Investments (JSE:AIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » African Rainbow Capital Investments Ltd (JSE:AIL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Cybercity, Level 3, Alexander House, Ebene, MUS, 72201

Website

https://www.arci.mu

African Rainbow Capital Investments Ltd is an investment holding company. It offers shareholders long-term capital appreciation by indirectly investing in a diversified portfolio of unlisted and listed investments. The company invests in Telecommunications, Real Estate, Hospitality, Energy and Financial Services, and others.

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