Brimstone Investment (JSE:BRN) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Brimstone Investment 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. Brimstone Investment's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.32.

Brimstone Investment's long-term debt to total assets ratio declined from Dec. 2023 (0.38) to Dec. 2024 (0.32). It may suggest that Brimstone Investment is progressively becoming less dependent on debt to grow their business.

Brimstone Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Brimstone Investment'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.

* Premium members only.

Brimstone Investment LT-Debt-to-Total-Asset Chart

Brimstone Investment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.35

0.39

0.38

0.32

Brimstone Investment Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.37	0.38	0.33	0.32

Brimstone Investment LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1688.632	/	5282.541
	=	0.32

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1688.632	/	5282.541
	=	0.32

Brimstone Investment (JSE:BRN) 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.

Brimstone Investment LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Brimstone Investment's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Brimstone Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Brimstone Investment Corp Ltd (JSE:BRN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BRT:South Africa

Address

1 Mariendahl Lane, Boundary Terraces, 1st Floor, Slade House, Newlands, GT, ZAF, 7700

Website

https://www.brimstone.co.za

Brimstone Investment Corp Ltd is an investment holding company. The company invests in various sectors, including food, financial services, healthcare, property, among others. The company is also engaged in deep-sea trawling of the groundfish species called Hake, processing of the catch into frozen and chilled seafood and the marketing of these products. The primary business segments of the Group are Food and Investments. The company generates maximum revenue from the Food segment.