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

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JSE:TTO Trustco Group Holdings Ltd JSE:TTO
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What is Trustco Group Holdings Liabilities-to-Assets?

Trustco Group Holdings JSE:TTO 11 Liabilities-to-Assets is 0.68 as of Feb. 2024. GuruFocus rates JSE:TTO 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. Trustco Group Holdings's Total Liabilities for the quarter that ended in Feb. 2024 was R2,661.09 Mil. Trustco Group Holdings's Total Assets for the quarter that ended in Feb. 2024 was R3,939.02 Mil. Therefore, Trustco Group Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.68.


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


Trustco Group Holdings Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Trustco Group 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.

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 Premium Member Only Premium Member Only 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 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 0.24 0.58 0.62 0.70 0.68

JSE:TTO vs BLK, BX, KKR: Liabilities-to-Assets Comparison

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 Liabilities-to-Assets vs 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.


JSE:TTO
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Trustco Group Holdings Ltd JSE:TTO
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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:

Liabilities-to-Assets (A: Aug. 2023 )=Total Liabilities/Total Assets
=2706.619/3873.248
=0.70

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

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=2661.087/3939.016
=0.68

* 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 0.68 mean?
Trustco Group Holdings (JSE:TTO) has a Liabilities-to-Assets of 0.68 as of Feb. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Trustco Group Holdings and its competitors.
Is Trustco Group Holdings' Liabilities-to-Assets too high?
Trustco Group Holdings' current Liabilities-to-Assets is 0.68. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' Liabilities-to-Assets compare to BLK and BX?
Trustco Group Holdings' Liabilities-to-Assets of 0.68 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Liabilities-to-Assets depends on the Asset Management 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 Trustco Group Holdings and its competitors. Trustco Group Holdings's current Liabilities-to-Assets is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current Liabilities-to-Assets of 0.68. The current Liabilities-to-Assets is 0.68. Trustco Group Holdings' 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 Trustco Group Holdings (JSE:TTO), the current Liabilities-to-Assets is 0.68 as of Feb. 2024. 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.

Trustco Group Holdings Business Description

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
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Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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