Trustco Group Holdings (JSE:TTO) Liabilities-to-Assets : 0.68 (As of Feb. 2024)

Trustco Group Holdings Liabilities-to-Assets Chart

Trustco Group Holdings Annual Data
	Trend	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Aug22	Aug23
Liabilities-to-Assets		Get a 7-Day Free Trial					0.35	0.45	0.34	0.58	0.70

Trustco Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Mar21	Feb22	Aug22	Feb23	Aug23	Feb24
Liabilities-to-Assets	Get a 7-Day Free Trial															0.24	0.58	0.62	0.70	0.68

Competitive Comparison of Trustco Group Holdings's Liabilities-to-Assets

For the Asset Management subindustry, Trustco Group 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.

Trustco Group Holdings's Liabilities-to-Assets Distribution in the Asset Management Industry

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

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

Trustco Group 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.

Trustco Group Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Trustco Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

* 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.

Trustco Group Holdings  (JSE:TTO) 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.

Trustco Group Holdings Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Trustco Group Holdings's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Trustco Group Holdings Business Description