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Curro Holdings (JSE:COH) Liabilities-to-Assets : 0.42 (As of Dec. 2023)


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What is Curro Holdings Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Curro Holdings's Total Liabilities for the quarter that ended in Dec. 2023 was R5,182 Mil. Curro Holdings's Total Assets for the quarter that ended in Dec. 2023 was R12,310 Mil. Therefore, Curro Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.42.


Curro Holdings Liabilities-to-Assets Historical Data

The historical data trend for Curro Holdings's Liabilities-to-Assets 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.

Curro Holdings Liabilities-to-Assets Chart

Curro Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.39 0.39 0.41 0.42

Curro Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.39 0.40 0.41 0.41 0.42

Competitive Comparison of Curro Holdings's Liabilities-to-Assets

For the Education & Training Services subindustry, Curro Holdings's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Curro Holdings's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Curro Holdings's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Curro Holdings's Liabilities-to-Assets falls into.



Curro Holdings Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Curro Holdings's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=5182/12310
=0.42

Curro Holdings's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=5182/12310
=0.42

* 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.


Curro Holdings  (JSE:COH) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Curro Holdings Liabilities-to-Assets Related Terms

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Curro Holdings (JSE:COH) Business Description

Traded in Other Exchanges
N/A
Address
38 Oxford Street, Durbanville, Cape Town, ZAF, 7550
Curro Holdings Ltd is a South African education company that focuses on operating preschools, primary schools, and high schools. The company offers preschool through 12th-grade programs. It has two reportable segments - Curro Schools and Meridian Schools. It generates the majority of the revenue from the Curro Schools segment. Geographically, it operates in South Africa, Namibia, and Botswana.

Curro Holdings (JSE:COH) Headlines

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