Safari Investments RSA (JSE:SAR) LT-Debt-to-Total-Asset : 0.21 (As of Sep. 2023)

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What is Safari Investments RSA 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. Safari Investments RSA's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.21.

Safari Investments RSA's long-term debt to total assets ratio declined from Sep. 2022 (0.24) to Sep. 2023 (0.21). It may suggest that Safari Investments RSA is progressively becoming less dependent on debt to grow their business.

Safari Investments RSA LT-Debt-to-Total-Asset Historical Data

The historical data trend for Safari Investments RSA'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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Safari Investments RSA LT-Debt-to-Total-Asset Chart

Safari Investments RSA Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.24

0.15

0.34

0.25

Safari Investments RSA Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.34	0.24	0.25	0.21

Safari Investments RSA LT-Debt-to-Total-Asset Calculation

Safari Investments RSA'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 )
	=	959.135	/	3807.198
	=	0.25

Safari Investments RSA's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	832.601	/	3885.19
	=	0.21

Safari Investments RSA (JSE:SAR) 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.

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Safari Investments RSA (JSE:SAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safari Investments RSA Ltd (JSE:SAR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081

Website

https://www.safari-investments.com

Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segment includes Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.