Afristrat Investment Holdings (JSE:ATI) LT-Debt-to-Total-Asset : 1.34 (As of Sep. 2021)

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What is Afristrat Investment Holdings 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. Afristrat Investment Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 1.34.

Afristrat Investment Holdings's long-term debt to total assets ratio increased from Sep. 2020 (0.68) to Sep. 2021 (1.34). It may suggest that Afristrat Investment Holdings is progressively becoming more dependent on debt to grow their business.

Afristrat Investment Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Afristrat Investment Holdings'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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Afristrat Investment Holdings LT-Debt-to-Total-Asset Chart

Afristrat Investment Holdings Annual Data

Trend

Jun09

Jun10

Sep11

Dec12

Dec13

Dec14

Dec15

Mar18

Jun19

Mar21

LT-Debt-to-Total-Asset

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0.03

0.07

0.23

0.34

Afristrat Investment Holdings Semi-Annual Data
	Jun05	Jun06	Jun08	Jun09	Jun10	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Sep17	Mar18	Dec18	Jun19	Dec19	Sep20	Mar21	Sep21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.37	0.68	0.34	1.34

Afristrat Investment Holdings LT-Debt-to-Total-Asset Calculation

Afristrat Investment Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (A: Mar. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2021 )	/	Total Assets (A: Mar. 2021 )
	=	238.41	/	705.664
	=	0.34

Afristrat Investment Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )	/	Total Assets (Q: Sep. 2021 )
	=	785.162	/	587.943
	=	1.34

Afristrat Investment Holdings (JSE:ATI) 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.

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Afristrat Investment Holdings (JSE:ATI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Afristrat Investment Holdings Ltd (JSE:ATI) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

43 Garsfontein Road, 1st Floor, The Wedge, Waterkloof, ZAF, 0145

Website

https://www.afristrat.ltd

Afristrat Investment Holdings Ltd is engaged in providing accounting services, taxation services, business consultancy services, digital marketing and funding services, and other strategic services.