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KAP (JSE:KAP) Debt-to-Equity : 0.87 (As of Dec. 2023)


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What is KAP Debt-to-Equity?

KAP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R3,714 Mil. KAP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R6,681 Mil. KAP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R11,918 Mil. KAP's debt to equity for the quarter that ended in Dec. 2023 was 0.87.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for KAP's Debt-to-Equity or its related term are showing as below:

JSE:KAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 0.7   Max: 1.08
Current: 0.87

During the past 13 years, the highest Debt-to-Equity Ratio of KAP was 1.08. The lowest was 0.45. And the median was 0.70.

JSE:KAP's Debt-to-Equity is ranked worse than
64.83% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs JSE:KAP: 0.87

KAP Debt-to-Equity Historical Data

The historical data trend for KAP's Debt-to-Equity 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.

KAP Debt-to-Equity Chart

KAP Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.85 0.72 0.80 0.84

KAP Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity 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 0.81 0.80 0.95 0.84 0.87

Competitive Comparison of KAP's Debt-to-Equity

For the Conglomerates subindustry, KAP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


KAP's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, KAP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where KAP's Debt-to-Equity falls into.



KAP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KAP's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

KAP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


KAP  (JSE:KAP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


KAP Debt-to-Equity Related Terms

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


KAP (JSE:KAP) Business Description

Traded in Other Exchanges
Address
Corner R44 and School Road, Unit G7, Stellenpark Business Park, Jamestown, Stellenbosch, WC, ZAF, 7600
KAP Ltd is a diversified group consisting of leading industrial, chemical, and logistics businesses, and road safety segments in sub-Saharan Africa. The group owns a diversified portfolio of businesses that operate in the following industries: wood-based decorative panels, sleep products, automotive components, polymers, supply chain, and road safety.

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