Southern Sun (JSE:SSU) Debt-to-Equity : 0.34 (As of Sep. 2024)

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What is Southern Sun Debt-to-Equity?

Southern Sun's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R173 Mil. Southern Sun's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R2,758 Mil. Southern Sun's Total Stockholders Equity for the quarter that ended in Sep. 2024 was R8,548 Mil. Southern Sun's debt to equity for the quarter that ended in Sep. 2024 was 0.34.

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 Southern Sun's Debt-to-Equity or its related term are showing as below:

JSE:SSU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.66 Max: 1.21
Current: 0.34

During the past 8 years, the highest Debt-to-Equity Ratio of Southern Sun was 1.21. The lowest was 0.34. And the median was 0.66.

JSE:SSU's Debt-to-Equity is ranked better than
56.33% of 687 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs JSE:SSU: 0.34

Southern Sun Debt-to-Equity Historical Data

The historical data trend for Southern Sun'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.

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Southern Sun Debt-to-Equity Chart

Southern Sun Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.88

0.73

0.68

0.42

0.37

Southern Sun Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial										0.53	0.42	0.42	0.37	0.34

Competitive Comparison of Southern Sun's Debt-to-Equity

For the Lodging subindustry, Southern Sun'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.

Southern Sun's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Southern Sun's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Southern Sun's Debt-to-Equity falls into.

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Southern Sun Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Southern Sun's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 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
	=	(129	+	3001)	/	8517
	=	0.37

Southern Sun's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(173	+	2758)	/	8548
	=	0.34

Southern Sun (JSE:SSU) 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.

Southern Sun Debt-to-Equity Related Terms

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

Southern Sun Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Southern Sun Ltd (JSE:SSU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nelson Mandela Square, Maude Streets, 4th Floor, South Tower, Cnr 5th, Sandton, GT, ZAF, 2196

Website

https://www.southernsun.com

Southern Sun Ltd is a South Africa-based company engaged in the hospitality industry. The company's segment includes Manco; Investment properties; Sandton Consortium; SA Portfolio and Offshore. It generates maximum revenue from the SA Portfolio segment. The SA Portfolio consists of the South African hotel operations which are owned within the group and are managed and reported on based on the geographical area in which the hotel is located.

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