Zeda (STU:LJ0) LT-Debt-to-Total-Asset : 0.19 (As of Sep. 2024)

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What is Zeda 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. Zeda's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.19.

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

Zeda LT-Debt-to-Total-Asset Historical Data

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

Zeda Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.49

0.45

0.22

0.19

Zeda Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.22	0.17	0.19	0.25	0.19

Zeda LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	130.06	/	686.554
	=	0.19

Zeda'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 )
	=	130.06	/	686.554
	=	0.19

Zeda (STU:LJ0) 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.

Zeda LT-Debt-to-Total-Asset Related Terms

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Zeda Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zeda Ltd (STU:LJ0) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZZD:South Africa

Address

2 Sysie Road, Croydon, Johannesburg, GT, ZAF, 1691

Website

https://www.zeda.co.za

Zeda Ltd operates in the car rental and full maintenance leasing industries. It offers integrated vehicle-based mobility solutions in Sub-Saharan Africa providing an integrated fleet leasing and car rental platform, with a full range of short-, medium- and long-term mobility solutions to a broad range of customers. It operates in two segments namely the Car rental business segment which provides short-term car rentals through its Car Rental Business; and the Fleet leasing business segment which provides long-term fleet solutions through its Leasing Business. The majority of revenue is derived from the car rental segment.

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