GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SAB Zenzele Kabili Holdings (RF) Ltd (JSE:SZK) » Definitions » Liabilities-to-Assets

SAB Zenzele Kabili Holdings (RF) (JSE:SZK) Liabilities-to-Assets : 0.64 (As of Jun. 2024)


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

What is SAB Zenzele Kabili Holdings (RF) 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. SAB Zenzele Kabili Holdings (RF)'s Total Liabilities for the quarter that ended in Jun. 2024 was R3,481.14 Mil. SAB Zenzele Kabili Holdings (RF)'s Total Assets for the quarter that ended in Jun. 2024 was R5,444.31 Mil. Therefore, SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.64.


SAB Zenzele Kabili Holdings (RF) Liabilities-to-Assets Historical Data

The historical data trend for SAB Zenzele Kabili Holdings (RF)'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.

SAB Zenzele Kabili Holdings (RF) Liabilities-to-Assets Chart

SAB Zenzele Kabili Holdings (RF) Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
- 0.53 0.57 0.57

SAB Zenzele Kabili Holdings (RF) Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.62 0.57 0.57 0.57 0.64

Competitive Comparison of SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets

For the Shell Companies subindustry, SAB Zenzele Kabili Holdings (RF)'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.


SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets falls into.


;
;

SAB Zenzele Kabili Holdings (RF) 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.

SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=3472.216/6138.033
=0.57

SAB Zenzele Kabili Holdings (RF)'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
=3481.138/5444.311
=0.64

* 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.


SAB Zenzele Kabili Holdings (RF)  (JSE:SZK) 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.


SAB Zenzele Kabili Holdings (RF) Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of SAB Zenzele Kabili Holdings (RF)'s Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


SAB Zenzele Kabili Holdings (RF) Business Description

Traded in Other Exchanges
N/A
Address
65 Park Lane, Sandton, Sandown, GT, ZAF, 2196
SAB Zenzele Kabili Holdings (RF) Ltd is a special purpose company.

SAB Zenzele Kabili Holdings (RF) Headlines