Trustco Group Holdings (JSE:TTO) LT-Debt-to-Total-Asset: 0.20 (As of Feb. 2024)


JSE:TTO Trustco Group Holdings Ltd JSE:TTO
11 GF Score
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What is Trustco Group Holdings LT-Debt-to-Total-Asset?

Trustco Group Holdings JSE:TTO 11 LT-Debt-to-Total-Asset is 0.20 as of Feb. 2024. GuruFocus rates JSE:TTO 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. Trustco Group Holdings's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.20.

Trustco Group Holdings's long-term debt to total assets ratio increased from Feb. 2023 (0.19) to Feb. 2024 (0.20). It may suggest that Trustco Group Holdings is progressively becoming more dependent on debt to grow their business.

Trustco Group Holdings  (JSE:TTO) 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.

Trustco Group Holdings LT-Debt-to-Total-Asset Related Terms

Trustco Group Holdings LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Trustco Group Holdings'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.

Trustco Group Holdings LT-Debt-to-Total-Asset Chart

Trustco Group Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Aug22 Aug23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.19 0.06 0.06

Trustco Group Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.07 0.06 0.19 0.06 0.20
JSE:TTO
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Trustco Group Holdings Ltd JSE:TTO
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Trustco Group Holdings LT-Debt-to-Total-Asset Calculation

Trustco Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )/Total Assets (A: Aug. 2023 )
=221.57/3872.923
=0.06

Trustco Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=781.06/3938.686
=0.20

* 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 0.20 mean?
Trustco Group Holdings (JSE:TTO) has a LT-Debt-to-Total-Asset of 0.20 as of Feb. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Trustco Group Holdings and its competitors.
Is Trustco Group Holdings' LT-Debt-to-Total-Asset too high?
Trustco Group Holdings' current LT-Debt-to-Total-Asset is 0.20. Overall, Trustco Group Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Trustco Group Holdings' LT-Debt-to-Total-Asset compare to BLK and BX?
Trustco Group Holdings' LT-Debt-to-Total-Asset of 0.20 can be compared against companies in the Asset Management 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 an Asset Management company?
A good LT-Debt-to-Total-Asset depends on the Asset Management 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 Trustco Group Holdings and its competitors. Trustco Group Holdings's current LT-Debt-to-Total-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustco Group Holdings stock overvalued right now?
Trustco Group Holdings (JSE:TTO) has a current LT-Debt-to-Total-Asset of 0.20. The current LT-Debt-to-Total-Asset is 0.20. Trustco Group Holdings' 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 Trustco Group Holdings (JSE:TTO), the current LT-Debt-to-Total-Asset is 0.20 as of Feb. 2024. 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.

Trustco Group Holdings Business Description

Address 2 Keller Street, Eros, P.O. Box 11363, Windhoek, NAM
Trustco Group Holdings Ltd engages in the provision of financial services. The company's operating segment includes Financial Services and Resources. The Financial Services portfolio earns income from insurance premiums, property sales, rental income, investment property activities, banking and finance activities, interest, fees, and commissions from customers, and tuition income. The Resources portfolio conducts mining operations in Namibia and Sierra Leone. The company earns maximum revenue through Micro-Finance.
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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