RMB Holdings (JSE:RMH) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

View and export this data going back to 1992. Start your Free Trial

What is RMB Holdings 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. RMB Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

RMB Holdings's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Sep. 2024 (0.00).

RMB Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for RMB Holdings'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.

RMB Holdings LT-Debt-to-Total-Asset Chart

RMB Holdings Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

RMB Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

RMB Holdings LT-Debt-to-Total-Asset Calculation

RMB Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0	/	1526
	=	0.00

RMB Holdings'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 )
	=	0	/	962
	=

RMB Holdings (JSE:RMH) 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.

RMB Holdings LT-Debt-to-Total-Asset Related Terms

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

RMB Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » RMB Holdings Ltd (JSE:RMH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

R8B:Germany

Address

Corner Cradock and Tyrwhitt Avenues, The Bank, 12th floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.rmh.co.za

RMB Holdings Ltd is a holding company that owns roughly a third of FirstRand Limited, which is a large financial services group in South Africa. FirstRand is RMB's sole investment. FirstRand operates First National Bank, which is a retail and commercial bank; Rand Merchant Bank, which is a corporate and investment bank; WesBank, which offers vehicle and asset financing; and Ashburton Investments, which engages in investment management. FirstRand generates more than half its total revenue from net interest income, with the remainder coming from fees, commissions, and insurance premiums. By business, First National Bank, the retail and commercial bank, provides most of FirstRand's revenue.

RMB Holdings Headlines

No Headlines