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BRRAF (Barloworld) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)


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What is Barloworld LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Barloworld's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Barloworld's long-term debt to total assets ratio declined from Sep. 2023 (0.16) to Sep. 2024 (0.13). It may suggest that Barloworld is progressively becoming less dependent on debt to grow their business.


Barloworld LT-Debt-to-Total-Asset Historical Data

The historical data trend for Barloworld's LT-Debt-to-Total-Asset 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.

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Barloworld LT-Debt-to-Total-Asset Chart

Barloworld Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.17 0.16 0.13

Barloworld Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset 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 0.17 0.17 0.16 0.17 0.13

Barloworld LT-Debt-to-Total-Asset Calculation

Barloworld's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=297.19/2341.487
=0.13

Barloworld's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=297.19/2341.487
=0.13

* 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.


Barloworld  (OTCPK:BRRAF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Barloworld LT-Debt-to-Total-Asset Related Terms

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Barloworld Business Description

Traded in Other Exchanges
Address
61 Katherine Street, Sandton, Johannesburg, GT, ZAF, 2196
Barloworld Ltd is an industrial processing, distribution, and services company with two primary areas of focus: Industrial Equipment and Services and Consumer Industries (food and ingredient solutions). Industrial Equipment and related services offer earthmoving equipment, industrial services, and power systems. The Consumer Industries business provides large enterprises with the ingredients essential to the manufacturing of various products including food and beverages, paper, pharmaceuticals, building materials, and adhesives, among others. The company's business segment includes Equipments, which derives maximum revenue, Ingrain, and Others. Geographically, it derives its maximum revenue from South Africa and the rest from Australia, Russia, and Mongolia.