Raubex Group (JSE:RBX) LT-Debt-to-Total-Asset : 0.11 (As of Aug. 2024)

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What is Raubex Group 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. Raubex Group's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.11.

Raubex Group's long-term debt to total assets ratio declined from Aug. 2023 (0.11) to Aug. 2024 (0.11). It may suggest that Raubex Group is progressively becoming less dependent on debt to grow their business.

Raubex Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Raubex Group'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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Raubex Group LT-Debt-to-Total-Asset Chart

Raubex Group Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.11

0.09

0.10

0.09

0.11

Raubex Group Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.09	0.11	0.11	0.11

Raubex Group LT-Debt-to-Total-Asset Calculation

Raubex Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	1384.616	/	13195.006
	=	0.10

Raubex Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	1581.727	/	14700.28
	=	0.11

Raubex Group (JSE:RBX) 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.

Raubex Group LT-Debt-to-Total-Asset Related Terms

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Raubex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Raubex Group Ltd (JSE:RBX) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

B7P:Germany

Address

Kenneth Kaunda Road Extension, Noordstad, Cleveley, Bloemfontein, FS, ZAF, 9300

Website

https://www.raubex.com

Raubex Group Ltd is a South African infrastructure development and construction materials supply group. It operates across South Africa as well as throughout southern Africa. The Company operates in four key segments which include Materials Handling and Mining (contract crushing, mining services, resource ownership), Construction Materials (aggregates, asphalt, bituminous products), Roads and Earthworks (road construction, surfacing, rehabilitation), and Infrastructure (renewable energy, facilities management, telecommunications, housing, commercial construction). Each segment is vital to the Group's diverse operations in mining, construction materials, infrastructure, and related services. It makes the majority of its revenue from Roads and Earthworks segment.

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