Conduit Capital (JSE:CND) LT-Debt-to-Total-Asset: 0.04 (As of Jun. 2022)

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What is Conduit Capital LT-Debt-to-Total-Asset?

Conduit Capital JSE:CND LT-Debt-to-Total-Asset is 0.04 as of Jun. 2022.

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. Conduit Capital's long-term debt to total assests ratio for the quarter that ended in Jun. 2022 was 0.04.

Conduit Capital's long-term debt to total assets ratio stayed the same from Jun. 2021 (0.04) to Jun. 2022 (0.04).

Conduit Capital  (JSE:CND) 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.

Conduit Capital LT-Debt-to-Total-Asset Related Terms

Conduit Capital LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Conduit Capital'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.

Conduit Capital LT-Debt-to-Total-Asset Chart

Conduit Capital Annual Data
Trend Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.03 0.03 0.04 0.04

Conduit Capital Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.03 0.03 0.04 0.03 0.04

Conduit Capital LT-Debt-to-Total-Asset Calculation

Conduit Capital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )/Total Assets (A: Jun. 2022 )
=45.748/1320.793
=0.03

Conduit Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (Q: Jun. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2022 )/Total Assets (Q: Jun. 2022 )
=45.748/1320.793
=0.03

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.04 mean?
Conduit Capital (JSE:CND) has a LT-Debt-to-Total-Asset of 0.04 as of Jun. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Conduit Capital and its competitors.
Is Conduit Capital's LT-Debt-to-Total-Asset too high?
Conduit Capital's current LT-Debt-to-Total-Asset is 0.04.
How does Conduit Capital's LT-Debt-to-Total-Asset compare to BRK.A and AIG?
Conduit Capital's LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Insurance company?
A good LT-Debt-to-Total-Asset depends on the Insurance industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Conduit Capital and its competitors. Conduit Capital's current LT-Debt-to-Total-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduit Capital stock overvalued right now?
Conduit Capital (JSE:CND) has a current LT-Debt-to-Total-Asset of 0.04. The current LT-Debt-to-Total-Asset is 0.04. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Conduit Capital (JSE:CND), the current LT-Debt-to-Total-Asset is 0.04 as of Jun. 2022. 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.

Conduit Capital Business Description

Address 67 Carlisle Street, Paardeneiland, Cape Town, WC, ZAF, 7405
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. The company serves in two segments: Insurance and Risk, and Investment. The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, Motor, and others.