Southern Sun (JSE:SSU) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Southern Sun 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. Southern Sun's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Southern Sun's long-term debt to total assets ratio declined from Sep. 2023 (0.25) to Sep. 2024 (0.20). It may suggest that Southern Sun is progressively becoming less dependent on debt to grow their business.

Southern Sun LT-Debt-to-Total-Asset Historical Data

The historical data trend for Southern Sun'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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Southern Sun LT-Debt-to-Total-Asset Chart

Southern Sun Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.33

0.31

0.36

0.25

0.22

Southern Sun Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.27	0.25	0.25	0.22	0.20

Southern Sun LT-Debt-to-Total-Asset Calculation

Southern Sun's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	3001	/	13674
	=	0.22

Southern Sun'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 )
	=	2758	/	13570
	=	0.20

Southern Sun (JSE:SSU) 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.

Southern Sun LT-Debt-to-Total-Asset Related Terms

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Southern Sun Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Southern Sun Ltd (JSE:SSU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nelson Mandela Square, Maude Streets, 4th Floor, South Tower, Cnr 5th, Sandton, GT, ZAF, 2196

Website

https://www.southernsun.com

Southern Sun Ltd is a South Africa-based company engaged in the hospitality industry. The company's segment includes Manco; Investment properties; Sandton Consortium; SA Portfolio and Offshore. It generates maximum revenue from the SA Portfolio segment. The SA Portfolio consists of the South African hotel operations which are owned within the group and are managed and reported on based on the geographical area in which the hotel is located.

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