Afine Investments (JSE:ANI) Debt-to-Revenue : 2.66 (As of Feb. 2024)

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What is Afine Investments Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Afine Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R16.07 Mil. Afine Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was R95.18 Mil. Afine Investments's annualized Revenue for the quarter that ended in Feb. 2024 was R41.77 Mil. Afine Investments's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 was 2.66.

Afine Investments Debt-to-Revenue Historical Data

The historical data trend for Afine Investments's Debt-to-Revenue 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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Afine Investments Debt-to-Revenue Chart

Afine Investments Annual Data

Trend

Feb21

Feb22

Feb23

Feb24

Debt-to-Revenue

N/A

2.38

2.51

2.49

Afine Investments Semi-Annual Data
	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-Revenue	Get a 7-Day Free Trial			3.41	2.44	2.53	2.37	2.66

Competitive Comparison of Afine Investments's Debt-to-Revenue

For the REIT - Specialty subindustry, Afine Investments's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

Afine Investments's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Afine Investments's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Afine Investments's Debt-to-Revenue falls into.

Afine Investments Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Afine Investments's Debt-to-Revenue for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(16.072	+	95.181)	/	44.775
	=	2.48

Afine Investments's annualized Debt-to-Revenue for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(16.072	+	95.181)	/	41.774
	=	2.66

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Feb. 2024) Revenue data.

Afine Investments Debt-to-Revenue Related Terms

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Afine Investments (JSE:ANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Afine Investments Ltd (JSE:ANI) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140

Website

https://www.afineinvestments.com

Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segment majority of revenue is generated from Gauteng and North-West.

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