Safaricom (NAI:SCOM) Debt-to-Asset : 0.25 (As of Mar. 2024)

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What is Safaricom Debt-to-Asset?

Safaricom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KES51,465 Mil. Safaricom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KES111,568 Mil. Safaricom's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was KES641,164 Mil. Safaricom's debt to asset for the quarter that ended in Mar. 2024 was 0.25.

Safaricom Debt-to-Asset Historical Data

The historical data trend for Safaricom'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.

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Safaricom Debt-to-Asset Chart

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.11

0.13

0.25

0.24

0.25

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.12	0.24	0.25	0.25

Competitive Comparison of Safaricom's Debt-to-Asset

For the Telecom Services subindustry, Safaricom'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.

Safaricom's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Safaricom's Debt-to-Asset distribution charts can be found below:

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

Safaricom Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Safaricom's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(51464.6	+	111567.5)	/	641164.3
	=	0.25

Safaricom's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(51464.6	+	111567.5)	/	641164.3
	=	0.25

Safaricom (NAI:SCOM) 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.

Safaricom Debt-to-Asset Related Terms

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Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.