Afric Industries (CAS:AFI) Debt-to-Asset : 0.00 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Afric Industries Debt-to-Asset?

Afric Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0.00 Mil. Afric Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0.00 Mil. Afric Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was MAD52.09 Mil. Afric Industries's debt to asset for the quarter that ended in Dec. 2023 was 0.00.

Afric Industries Debt-to-Asset Historical Data

The historical data trend for Afric Industries's Debt-to-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.

* Premium members only.

Afric Industries Debt-to-Asset Chart

Afric Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.02

0.05

0.09

Afric Industries Semi-Annual Data
	Jun14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial													-	0.05	0.09	0.02	-

Competitive Comparison of Afric Industries's Debt-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Afric Industries's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Afric Industries's Debt-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Afric Industries's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Afric Industries's Debt-to-Asset falls into.

Afric Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Afric Industries's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	0)	/	52.085
	=	0.00

Afric Industries's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	0)	/	52.085
	=	0.00

Afric Industries (CAS:AFI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Afric Industries Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Afric Industries's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Afric Industries (CAS:AFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Afric Industries SA (CAS:AFI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368

Website

http://www.africindustries.com

Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.

Afric Industries (CAS:AFI) Headlines

No Headlines