HomeChoice International (JSE:HIL) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2024)

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What is HomeChoice International 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. HomeChoice International's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.39.

HomeChoice International's long-term debt to total assets ratio increased from Dec. 2023 (0.32) to Dec. 2024 (0.39). It may suggest that HomeChoice International is progressively becoming more dependent on debt to grow their business.

HomeChoice International LT-Debt-to-Total-Asset Historical Data

The historical data trend for HomeChoice International'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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HomeChoice International LT-Debt-to-Total-Asset Chart

HomeChoice International Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.22

0.27

0.32

0.39

HomeChoice International 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															0.27	0.28	0.32	0.37	0.39

HomeChoice International LT-Debt-to-Total-Asset Calculation

HomeChoice International'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 )
	=	3020	/	7672
	=	0.39

HomeChoice International'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 )
	=	3020	/	7672
	=	0.39

HomeChoice International (JSE:HIL) 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.

HomeChoice International LT-Debt-to-Total-Asset Related Terms

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HomeChoice International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HomeChoice International PLC (JSE:HIL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Sanlam Trustees International Limited, Labourdonnais Village, Riviere du Rempart, Mapou, MUS, 31803

Website

https://www.homechoiceinternational.com

HomeChoice International PLC is an investment holding company. The company through its subsidiaries operates as a home shopping retailer. The company sells homewares merchandise, personal electronics, and loan products to the middle-income market in Southern Africa. The operating business segments are Weaver Fintech, Retail, Property, and Other. The Retail segment consists of the group's HomeChoice omni-channel retail operations focused on homeware categories. The Weaver Fintech segment consists of payments, personal loans, and insurance products for customers and services to merchants in the Buy Now, Pay Later solutions sold under the PayJustNow (PJN) brand. e group's property company, which owns commercial properties utilized within the group, is included in the Property segment.