Hosken Consolidated Investments (JSE:HCI) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2024)

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What is Hosken Consolidated Investments 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. Hosken Consolidated Investments's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.23.

Hosken Consolidated Investments's long-term debt to total assets ratio declined from Sep. 2023 (0.25) to Sep. 2024 (0.23). It may suggest that Hosken Consolidated Investments is progressively becoming less dependent on debt to grow their business.

Hosken Consolidated Investments LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hosken Consolidated Investments'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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Hosken Consolidated Investments LT-Debt-to-Total-Asset Chart

Hosken Consolidated Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.30

0.31

0.26

0.27

0.24

Hosken Consolidated Investments 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															0.26	0.27	0.25	0.24	0.23

Hosken Consolidated Investments LT-Debt-to-Total-Asset Calculation

Hosken Consolidated Investments's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	12355.105	/	51220.668
	=	0.24

Hosken Consolidated Investments'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 )
	=	12083.072	/	53214.238
	=	0.23

Hosken Consolidated Investments (JSE:HCI) 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.

Hosken Consolidated Investments LT-Debt-to-Total-Asset Related Terms

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Hosken Consolidated Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hosken Consolidated Investments Ltd (JSE:HCI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Regent Road, Suite 801, Sea Point, Cape Town, WC, ZAF, 8005

Website

https://www.hci.co.za

Hosken Consolidated Investments Ltd is an investment holdings company. The group is involved in a diverse group of investments including Media and broadcasting; Gaming; Transport; Properties; Coal mining; Branded products and manufacturing and other. It generates maximum revenue from the Branded products and manufacturing segment.