CL8 Holdings (ASX:CL8) Debt-to-Asset : 0.10 (As of Dec. 2024)

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What is CL8 Holdings Debt-to-Asset?

CL8 Holdings ASX:CL8 Debt-to-Asset is 0.10 as of Dec. 2024.

CL8 Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.40 Mil. CL8 Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.33 Mil. CL8 Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was A$7.35 Mil. CL8 Holdings's debt to asset for the quarter that ended in Dec. 2024 was 0.10.

CL8 Holdings  (ASX:CL8) 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.

CL8 Holdings Debt-to-Asset Related Terms

CL8 Holdings Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for CL8 Holdings'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.

CL8 Holdings Debt-to-Asset Chart

CL8 Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.09 0.38 0.72 1.22

CL8 Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Asset 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 0.26 0.72 0.13 1.22 0.10

ASX:CL8 vs URI, AER, FTAI: Debt-to-Asset Comparison

For the Rental & Leasing Services subindustry, CL8 Holdings'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.

CL8 Holdings Debt-to-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, CL8 Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CL8 Holdings's Debt-to-Asset falls into.


CL8 Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CL8 Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 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
=(10.336 + 1.238) / 9.482
=1.22

CL8 Holdings's Debt-to-Asset for the quarter that ended in Dec. 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
=(0.401 + 0.332) / 7.351
=0.10

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.10 mean?
CL8 Holdings (ASX:CL8) has a Debt-to-Asset of 0.10 as of Dec. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on CL8 Holdings and its competitors.
Is CL8 Holdings' Debt-to-Asset too high?
CL8 Holdings' current Debt-to-Asset is 0.10.
How does CL8 Holdings' Debt-to-Asset compare to URI and AER?
CL8 Holdings' Debt-to-Asset of 0.10 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Business Services company?
A good Debt-to-Asset depends on the Business Services industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on CL8 Holdings and its competitors. CL8 Holdings's current Debt-to-Asset is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CL8 Holdings stock overvalued right now?
CL8 Holdings (ASX:CL8) has a current Debt-to-Asset of 0.10. The current Debt-to-Asset is 0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For CL8 Holdings (ASX:CL8), the current Debt-to-Asset is 0.10 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CL8 Holdings Business Description

Address 189 Kent Street, Suite 2, Level 3, Sydney, NSW, AUS, 2000
CL8 Holdings Ltd operates is an Australian online technology company engaged in the business of car subscription industry in Australia and New Zealand.