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Afristrat Investment Holdings (JSE:ATI) Debt-to-Equity : -2.68 (As of Sep. 2021)


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What is Afristrat Investment Holdings Debt-to-Equity?

Afristrat Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was R0.02 Mil. Afristrat Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was R785.16 Mil. Afristrat Investment Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2021 was R-293.36 Mil. Afristrat Investment Holdings's debt to equity for the quarter that ended in Sep. 2021 was -2.68.

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 Afristrat Investment Holdings's Debt-to-Equity or its related term are showing as below:

JSE:ATI's Debt-to-Equity is not ranked *
in the Business Services industry.
Industry Median: 0.37
* Ranked among companies with meaningful Debt-to-Equity only.

Afristrat Investment Holdings Debt-to-Equity Historical Data

The historical data trend for Afristrat Investment Holdings'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.

Afristrat Investment Holdings Debt-to-Equity Chart

Afristrat Investment Holdings Annual Data
Trend Jun09 Jun10 Sep11 Dec12 Dec13 Dec14 Dec15 Mar18 Jun19 Mar21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.43 1.74 -12.02 -4.72

Afristrat Investment Holdings Semi-Annual Data
Jun05 Jun06 Jun08 Jun09 Jun10 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Sep17 Mar18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.02 -0.52 34.80 -4.72 -2.68

Competitive Comparison of Afristrat Investment Holdings's Debt-to-Equity

For the Specialty Business Services subindustry, Afristrat Investment Holdings'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.


Afristrat Investment Holdings's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Afristrat Investment Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Afristrat Investment Holdings's Debt-to-Equity falls into.



Afristrat Investment Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Afristrat Investment Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Afristrat Investment Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2021 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.


Afristrat Investment Holdings  (JSE:ATI) 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.


Afristrat Investment Holdings Debt-to-Equity Related Terms

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Afristrat Investment Holdings Business Description

Traded in Other Exchanges
N/A
Address
43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145
Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.

Afristrat Investment Holdings Headlines