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RFG Holdings (JSE:RFG) Liabilities-to-Assets : 0.39 (As of Sep. 2023)


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What is RFG 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. RFG Holdings's Total Liabilities for the quarter that ended in Sep. 2023 was R2,143 Mil. RFG Holdings's Total Assets for the quarter that ended in Sep. 2023 was R5,550 Mil. Therefore, RFG Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.39.


RFG Holdings Liabilities-to-Assets Historical Data

The historical data trend for RFG 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.

RFG Holdings Liabilities-to-Assets Chart

RFG Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.49 0.47 0.47 0.46 0.44

RFG Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.46 0.51 0.44 0.48 0.39

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

For the Packaged Foods subindustry, RFG 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.


RFG Holdings's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, RFG Holdings's Liabilities-to-Assets distribution charts can be found below:

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



RFG 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.

RFG Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2022 is calculated as:

Liabilities-to-Assets (A: Sep. 2022 )=Total Liabilities/Total Assets
=2390.661/5423.604
=0.44

RFG Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=2143.309/5549.892
=0.39

* 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.


RFG Holdings  (JSE:RFG) 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.


RFG Holdings Liabilities-to-Assets Related Terms

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RFG Holdings (JSE:RFG) Business Description

Traded in Other Exchanges
N/A
Address
Pniel Road, Groot Drakenstein, Cape Town, WC, ZAF, 7680
RFG Holdings Ltd is a South Africa based company engaged in supplying fresh, frozen, and convenience meal solutions. The product range offered by the company includes canned fruit, jam, vegetable and meat products, bottled salads, fruit juices and purees, fresh ready meals, pies, pastries, bakery, and dairy products. The business operates under two divisions namely, Long life foods and Fresh products. Long life foods division, which includes canned fruits and vegetables, jams, bottled salads, fruit juice, fruit purees, baby food, and canned meat, contributes majorly to the group's revenue. The company's reportable segments include, Regional which is the key revenue generating segment, and International.

RFG Holdings (JSE:RFG) Headlines