Tongaat Hulett (JSE:TON) Liabilities-to-Assets : 0.96 (As of Sep. 2021)

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JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
Price R4.04
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What is Tongaat Hulett Liabilities-to-Assets?

Tongaat Hulett JSE:TON 11 Liabilities-to-Assets is 0.96 as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

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. Tongaat Hulett's Total Liabilities for the quarter that ended in Sep. 2021 was R15,830 Mil. Tongaat Hulett's Total Assets for the quarter that ended in Sep. 2021 was R16,535 Mil. Therefore, Tongaat Hulett's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 was 0.96.


Tongaat Hulett  (JSE:TON) 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.


Tongaat Hulett Liabilities-to-Assets Related Terms


Tongaat Hulett Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Tongaat Hulett'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.

Tongaat Hulett Liabilities-to-Assets Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.00 1.20 1.09 1.00

Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 1.24 1.09 1.12 1.00 0.96

JSE:TON vs MDLZ, HSY, TR: Liabilities-to-Assets Comparison

For the Confectioners subindustry, Tongaat Hulett'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.


Tongaat Hulett Liabilities-to-Assets vs Consumer Packaged Goods Industry

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

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


JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett 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.

Tongaat Hulett's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2021 is calculated as:

Liabilities-to-Assets (A: Mar. 2021 )=Total Liabilities/Total Assets
=13330/13276
=1.00

Tongaat Hulett's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2021 is calculated as

Liabilities-to-Assets (Q: Sep. 2021 )=Total Liabilities/Total Assets
=15830/16535
=0.96

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.96 mean?
Tongaat Hulett (JSE:TON) has a Liabilities-to-Assets of 0.96 as of Sep. 2021. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Liabilities-to-Assets too high?
Tongaat Hulett's current Liabilities-to-Assets is 0.96. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Liabilities-to-Assets compare to MDLZ and HSY?
Tongaat Hulett's Liabilities-to-Assets of 0.96 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Consumer Packaged Goods company?
A good Liabilities-to-Assets depends on the Consumer Packaged Goods industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Tongaat Hulett and its competitors. Tongaat Hulett's current Liabilities-to-Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Liabilities-to-Assets of 0.96. The current Liabilities-to-Assets is 0.96. Tongaat Hulett's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Tongaat Hulett (JSE:TON), the current Liabilities-to-Assets is 0.96 as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
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Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R4.04
Price