Spar Group (JSE:SPP) LT-Debt-to-Total-Asset: 0.30 (As of Mar. 2026)

What is Spar Group LT-Debt-to-Total-Asset?

Spar Group JSE:SPP +0.18% 52 LT-Debt-to-Total-Asset is 0.30 as of Mar. 2026. GuruFocus rates JSE:SPP with a GF Score™ of 52/100 and a GF Value™ of R107.97 (Significantly Undervalued). The stock has 3 warning signs investors should review.

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. Spar Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.30.

Spar Group's long-term debt to total assets ratio increased from Mar. 2025 (0.25) to Mar. 2026 (0.30). It may suggest that Spar Group is progressively becoming more dependent on debt to grow their business.

Spar Group (JSE:SPP) 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.

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

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

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The historical data trend for Spar 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.

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

Spar Group Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

LT-Debt-to-Total-Asset

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0.37

0.35

0.34

0.29

Spar Group Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.29	0.25	0.29	0.30

52GF Score

Spar Group Ltd JSE:SPP

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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

Spar Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

LT Debt to Total Assets (A: Sep. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2025 )	/	Total Assets (A: Sep. 2025 )
	=	13590.1	/	46221.4
	=	0.29

Spar Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	13334	/	44848.2
	=	0.30

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.30 mean?

Spar Group (JSE:SPP) has a LT-Debt-to-Total-Asset of 0.30 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spar Group and its competitors.

Is Spar Group's LT-Debt-to-Total-Asset too high?

Spar Group's current LT-Debt-to-Total-Asset is 0.30. Overall, Spar Group has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Spar Group's LT-Debt-to-Total-Asset compare to SYY and USFD?

Spar Group's LT-Debt-to-Total-Asset of 0.30 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Retail - Defensive company?

A good LT-Debt-to-Total-Asset depends on the Retail - Defensive industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spar Group and its competitors. Spar Group's current LT-Debt-to-Total-Asset is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Spar Group stock overvalued right now?

Based on GuruFocus' analysis, Spar Group (JSE:SPP) is currently considered Significantly Undervalued. The stock's GF Value™ is R107.97, compared to a current price of R49.50 — trading 54.2% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.30. Spar Group's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Spar Group (JSE:SPP), the current LT-Debt-to-Total-Asset is 0.30 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spar Group (JSE:SPP) Overvalued in 2026?

Based on GuruFocus' analysis, Spar Group stock appears to be undervalued. The current stock price of R49.50 is trading 54.2% below its estimated GF Value™ of R107.97. GuruFocus considers Spar Group to be Significantly Undervalued.

Key valuation signals for JSE:SPP:

LT-Debt-to-Total-Asset: 0.30
GF Value™: R107.97 vs. price of R49.50 (54.2% below fair value)
GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the JSE:SPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spar Group Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies JSE:FBR SYY USFD PFGC XLIS:JMT LSE:BNZL JSE:BID HKSE:01768 BKK:CPAXT CHEF SGX:VC2 HAM:B4B UNFI ANDE ASX:MTS SZSE:002515 SHSE:600113 SZSE:000061 WAR:KER XKRX:005440

Other Exchanges SGPPY:USA

Address 1 Ncondo Place, The Umhlanga Arch, Umhlanga Ridge, Durban, NL, ZAF, 4001

Website https://www.thespargroup.com

Spar Group Ltd operates as a wholesaler and distributor of goods and services to SPAR grocery stores and multiple other branded group retail outlets across multiple regions. It supplies fresh produce and merchandise to a network of independent retailers who operate under its brands like TOPS at SPAR, Build it, SPAR Health, and Encore. The company's revenue mainly comprise the revenue from the sale of merchandise, marketing and promotional activities as well as franchise fees. Geographically, it has a presence in Southern Africa, Ireland and South West England, Switzerland, Poland and Sri Lanka, with the majority of revenue generated from South Africa.

52GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R49.50

Price

R107.97

GF Value

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