CAles Holdings (JSE:CAA) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is CAles Holdings 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. CAles Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

CAles Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.06). It may suggest that CAles Holdings is progressively becoming less dependent on debt to grow their business.

CAles Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for CAles 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.

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CAles Holdings LT-Debt-to-Total-Asset Chart

CAles Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.09

0.07

0.08

0.06

CAles Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.07	0.10	0.08	0.07	0.06

CAles Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	310.581	/	5152.562
	=	0.06

CAles Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	310.581	/	5152.562
	=	0.06

CAles Holdings (JSE:CAA) 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.

CAles Holdings LT-Debt-to-Total-Asset Related Terms

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CAles Holdings (JSE:CAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CA Sales Holdings Ltd (JSE:CAA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CAS:Botswana

Address

254 Hall Street, 1st Floor, Building C, Westend Office Park, Centurion, GT, ZAF, 0157

Website

https://www.casholdings.co.za

CA Sales Holdings Ltd operates within the Fast-Moving Consumer Goods industry and delivers services to blue chip manufacturers. The services include warehousing and distribution, retail execution and advisory, retail support, training, and technology and data solutions. The company's geographical presence across Southern Africa operating in Botswana, Eswatini, Lesotho, Mauritius, Namibia, South Africa, Zambia and Zimbabwe. It generates maximum revenue from Botswana region.

CAles Holdings (JSE:CAA) Headlines

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