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MultiChoice Group (MultiChoice Group) Liabilities-to-Assets : 0.98 (As of Sep. 2023)


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What is MultiChoice Group 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. MultiChoice Group's Total Liabilities for the quarter that ended in Sep. 2023 was $2,522 Mil. MultiChoice Group's Total Assets for the quarter that ended in Sep. 2023 was $2,563 Mil. Therefore, MultiChoice Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.98.


MultiChoice Group Liabilities-to-Assets Historical Data

The historical data trend for MultiChoice Group'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.

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MultiChoice Group Liabilities-to-Assets Chart

MultiChoice Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.76 0.79 0.78 0.81 0.89

MultiChoice Group Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.81 0.86 0.89 0.98

Competitive Comparison of MultiChoice Group's Liabilities-to-Assets

For the Entertainment subindustry, MultiChoice Group'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.


MultiChoice Group's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MultiChoice Group's Liabilities-to-Assets distribution charts can be found below:

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



MultiChoice Group 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.

MultiChoice Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=2314.686/2607.41
=0.89

MultiChoice Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=2522.027/2562.521
=0.98

* 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.


MultiChoice Group  (OTCPK:MCOIF) 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.


MultiChoice Group Liabilities-to-Assets Related Terms

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MultiChoice Group (MultiChoice Group) Business Description

Traded in Other Exchanges
Address
144 Bram Fischer Drive, MultiChoice City, Randburg, Johannesburg, GT, ZAF, 2194
MultiChoice Group Ltd is an entertainment company providing video entertainment to the African Markets. It provides its content through Direct To Home (DTH), Digital Terrestrial Television (DTT) and online video entertainment services. The entertainment platforms of the company include GOtv, Showmax, DStv, and others. Its geographical segment includes South Africa; the Rest of Africa as well as the Technology segment. The company derives a majority of its revenue from South Africa.

MultiChoice Group (MultiChoice Group) Headlines