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Super Group (JSE:SPG) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)


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

Super Group's long-term debt to total assets ratio declined from Dec. 2023 (0.32) to Dec. 2024 (0.11). It may suggest that Super Group is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for Super 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.

* Premium members only.

Super Group LT-Debt-to-Total-Asset Chart

Super Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.25 0.32 0.29 0.35

Super Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.29 0.32 0.35 0.11

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

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

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=26996.132/76895.518
=0.35

Super Group'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 )
=8572.753/77812.839
=0.11

* 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.


Super Group  (JSE:SPG) 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.


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

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Super Group Business Description

Traded in Other Exchanges
Address
27 Impala Road, Chislehurston, Sandton, Johannesburg, ZAF, 2196
Super Group Ltd provides logistics and mobility solutions across sub-Saharan Africa, the UK, Europe, and Australasia. It offers a variety of supply chain, dealership, and fleet solutions. The principal segments of the Group have been identified by the nature of operation into the seven areas of Supply Chain Africa, Supply Chain Europe, Fleet Africa, SG Fleet, Dealerships SA, Dealerships UK and Services. Geographically the company generates the majority of its revenue from South Africa.