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Metrofile Holdings (JSE:MFL) Liabilities-to-Assets : 0.65 (As of Jun. 2024)


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What is Metrofile Holdings 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. Metrofile Holdings's Total Liabilities for the quarter that ended in Jun. 2024 was R987 Mil. Metrofile Holdings's Total Assets for the quarter that ended in Jun. 2024 was R1,509 Mil. Therefore, Metrofile Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.65.


Metrofile Holdings Liabilities-to-Assets Historical Data

The historical data trend for Metrofile Holdings'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.

Metrofile Holdings Liabilities-to-Assets Chart

Metrofile Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.58 0.61 0.64 0.65

Metrofile Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.61 0.62 0.64 0.63 0.65

Competitive Comparison of Metrofile Holdings's Liabilities-to-Assets

For the Specialty Business Services subindustry, Metrofile Holdings'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.


Metrofile Holdings's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Metrofile Holdings's Liabilities-to-Assets distribution charts can be found below:

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



Metrofile Holdings 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.

Metrofile Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=986.885/1509.123
=0.65

Metrofile Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=986.885/1509.123
=0.65

* 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.


Metrofile Holdings  (JSE:MFL) 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.


Metrofile Holdings Liabilities-to-Assets Related Terms

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Metrofile Holdings Business Description

Traded in Other Exchanges
N/A
Address
28 Fricker Road, Illovo Boulevard, First Floor, Sandton, GT, ZAF, 2196
Metrofile Holdings Ltd provides data management and data storage facilities to its clients. The company offers Records storage and management, including backup and protection of active and inactive documents, images, and data in physical and electronic format. It also provides other services such as Digital services, Business support services, and other Products and Solutions. Its segments include MRM South Africa, which is the key revenue driver; MRM Rest of Africa; MRM Middle East and Products and Services South Africa.