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PSG Financial Services Limited (JSE:KST) Liabilities-to-Assets : 0.95 (As of Aug. 2023)


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What is PSG Financial Services Limited 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. PSG Financial Services Limited's Total Liabilities for the quarter that ended in Aug. 2023 was R86,315 Mil. PSG Financial Services Limited's Total Assets for the quarter that ended in Aug. 2023 was R91,173 Mil. Therefore, PSG Financial Services Limited's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2023 was 0.95.


PSG Financial Services Limited Liabilities-to-Assets Historical Data

The historical data trend for PSG Financial Services Limited'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.

PSG Financial Services Limited Liabilities-to-Assets Chart

PSG Financial Services Limited Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.94 0.95 0.94 0.95

PSG Financial Services Limited Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Liabilities-to-Assets 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 0.94 0.94 0.94 0.95 0.95

Competitive Comparison of PSG Financial Services Limited's Liabilities-to-Assets

For the Asset Management subindustry, PSG Financial Services Limited'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.


PSG Financial Services Limited's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PSG Financial Services Limited's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PSG Financial Services Limited's Liabilities-to-Assets falls into.



PSG Financial Services Limited 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.

PSG Financial Services Limited's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Liabilities-to-Assets (A: Feb. 2023 )=Total Liabilities/Total Assets
=83526.04/88257.014
=0.95

PSG Financial Services Limited's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2023 is calculated as

Liabilities-to-Assets (Q: Aug. 2023 )=Total Liabilities/Total Assets
=86314.642/91173.308
=0.95

* 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.


PSG Financial Services Limited  (JSE:KST) 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.


PSG Financial Services Limited Liabilities-to-Assets Related Terms

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PSG Financial Services Limited (JSE:KST) Business Description

Traded in Other Exchanges
Address
3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530
PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

PSG Financial Services Limited (JSE:KST) Headlines

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