Vodacom Group (FRA:5VD) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

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What is Vodacom Group 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. Vodacom Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

Vodacom Group's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.25). It may suggest that Vodacom Group is progressively becoming less dependent on debt to grow their business.

Vodacom Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vodacom Group'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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Vodacom Group LT-Debt-to-Total-Asset Chart

Vodacom Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.25

0.23

0.17

0.27

0.25

Vodacom Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.18	0.27	0.25	0.25

Vodacom Group LT-Debt-to-Total-Asset Calculation

Vodacom Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	2906.27	/	11744.817
	=	0.25

Vodacom Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2906.27	/	11744.817
	=	0.25

Vodacom Group (FRA:5VD) 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.

Vodacom Group LT-Debt-to-Total-Asset Related Terms

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Vodacom Group (FRA:5VD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodacom Group Ltd (FRA:5VD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VOD:South Africa VDMCY:USA

Address

082 Vodacom Boulevard, Vodacom Corporate Park, Midrand, Johannesburg, GT, ZAF, 1685

Website

https://www.vodacom.com

Vodacom Group Ltd is a telecommunications provider. The company provides fixed-line, broadband, and mobile services. It earns revenue through two main segments: South Africa and international. International includes regions such as Tanzania, Democratic Republic of Congo, Mozambique, and Lesotho; the majority of revenue is sourced from South Africa. Vodacom also has an enterprise service product, whereby telecommunications and managed services are offered to enterprises. The company owns mobile infrastructure.

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