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

Afine Investments (JSE:ANI) Liabilities-to-Assets : 0.28 (As of Feb. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Afine Investments Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Afine Investments's Total Liabilities for the quarter that ended in Feb. 2024 was R113.87 Mil. Afine Investments's Total Assets for the quarter that ended in Feb. 2024 was R408.19 Mil. Therefore, Afine Investments's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.28.


Afine Investments Liabilities-to-Assets Historical Data

The historical data trend for Afine Investments's Liabilities-to-Assets 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.

Afine Investments Liabilities-to-Assets Chart

Afine Investments Annual Data
Trend Feb21 Feb22 Feb23 Feb24
Liabilities-to-Assets
0.84 0.27 0.30 0.28

Afine Investments Semi-Annual Data
Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Liabilities-to-Assets Get a 7-Day Free Trial 0.27 0.29 0.30 0.30 0.28

Competitive Comparison of Afine Investments's Liabilities-to-Assets

For the REIT - Specialty subindustry, Afine Investments's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the REITs Industry

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

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



Afine Investments Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Afine Investments's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Liabilities-to-Assets (A: Feb. 2024 )=Total Liabilities/Total Assets
=113.867/408.194
=0.28

Afine Investments's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=113.867/408.194
=0.28

* 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.


Afine Investments  (JSE:ANI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Afine Investments Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Afine Investments's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Afine Investments (JSE:ANI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 4602, Greenways, Strand, Western Cape, ZAF, 7140
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.

Afine Investments (JSE:ANI) Headlines

No Headlines