Fairvest (JSE:FTB) Debt-to-Asset : 0.34 (As of Sep. 2023)

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What is Fairvest Debt-to-Asset?

Fairvest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R433 Mil. Fairvest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R3,812 Mil. Fairvest's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was R12,634 Mil. Fairvest's debt to asset for the quarter that ended in Sep. 2023 was 0.34.

Fairvest Debt-to-Asset Historical Data

The historical data trend for Fairvest's Debt-to-Asset 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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Fairvest Debt-to-Asset Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Debt-to-Asset

0.29

0.34

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Debt-to-Asset	0.29	0.32	0.34

Competitive Comparison of Fairvest's Debt-to-Asset

For the REIT - Retail subindustry, Fairvest'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.

Fairvest's Debt-to-Asset Distribution in the REITs Industry

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

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

Fairvest Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fairvest's Debt-to-Asset for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(432.549	+	3812.024)	/	12634.486
	=	0.34

Fairvest's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(432.549	+	3812.024)	/	12634.486
	=	0.34

Fairvest (JSE:FTB) 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.

Fairvest Debt-to-Asset Related Terms

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Fairvest (JSE:FTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (JSE:FTB) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

FTA:South Africa 2T20:Germany

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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