Tongaat Hulett (JSE:TON) LT-Debt-to-Total-Asset: 0.03 (As of Sep. 2021)


JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
Price R4.04
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What is Tongaat Hulett LT-Debt-to-Total-Asset?

Tongaat Hulett JSE:TON 11 LT-Debt-to-Total-Asset is 0.03 as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

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. Tongaat Hulett's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.03.

Tongaat Hulett's long-term debt to total assets ratio increased from Sep. 2020 (0.03) to Sep. 2021 (0.03). It may suggest that Tongaat Hulett is progressively becoming more dependent on debt to grow their business.

Tongaat Hulett  (JSE:TON) 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.

Tongaat Hulett LT-Debt-to-Total-Asset Related Terms

Tongaat Hulett LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Tongaat Hulett'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.

Tongaat Hulett LT-Debt-to-Total-Asset Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.02 0.03

Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 0.02 0.02 0.03 0.03 0.03
JSE:TON
11GF Score
Tongaat Hulett Ltd JSE:TON
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett LT-Debt-to-Total-Asset Calculation

Tongaat Hulett's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

LT Debt to Total Assets (A: Mar. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2021 )/Total Assets (A: Mar. 2021 )
=426/13276
=0.03

Tongaat Hulett's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )/Total Assets (Q: Sep. 2021 )
=453/16535
=0.03

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Tongaat Hulett (JSE:TON) has a LT-Debt-to-Total-Asset of 0.03 as of Sep. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's LT-Debt-to-Total-Asset too high?
Tongaat Hulett's current LT-Debt-to-Total-Asset is 0.03. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's LT-Debt-to-Total-Asset compare to MDLZ and HSY?
Tongaat Hulett's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods 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 Tongaat Hulett and its competitors. Tongaat Hulett's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Tongaat Hulett's overall GF Score™ is 11/100. 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 Tongaat Hulett (JSE:TON), the current LT-Debt-to-Total-Asset is 0.03 as of Sep. 2021. 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.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
11GF 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.

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