ClearView Wealth (ASX:CVW) Debt-to-Asset : 0.04 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is ClearView Wealth Debt-to-Asset?

ClearView Wealth's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.0 Mil. ClearView Wealth's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$105.4 Mil. ClearView Wealth's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$2,823.0 Mil. ClearView Wealth's debt to asset for the quarter that ended in Dec. 2023 was 0.04.

ClearView Wealth Debt-to-Asset Historical Data

The historical data trend for ClearView Wealth'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.

* Premium members only.

ClearView Wealth Debt-to-Asset Chart

ClearView Wealth Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

Get a 7-Day Free Trial

0.01

0.03

0.04

ClearView Wealth 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-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.04

Competitive Comparison of ClearView Wealth's Debt-to-Asset

For the Insurance - Life subindustry, ClearView Wealth'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.

ClearView Wealth's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ClearView Wealth's Debt-to-Asset distribution charts can be found below:

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

ClearView Wealth Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ClearView Wealth's Debt-to-Asset for the fiscal year that ended in Jun. 2023 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	+	98.798)	/	2583.284
	=	0.04

ClearView Wealth's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(7.046	+	105.371)	/	2822.965
	=	0.04

ClearView Wealth (ASX:CVW) 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.

ClearView Wealth Debt-to-Asset Related Terms

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

ClearView Wealth (ASX:CVW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ClearView Wealth Ltd (ASX:CVW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bond Street, Level 15, Sydney, NSW, AUS, 2000

Website

https://www.clearview.com.au

ClearView Wealth Ltd is a diversified financial services company that partners with financial advisers and strategic partners to help Australians protect and grow their wealth and achieve their financial goals. The company's operating segments include Life Insurance and Wealth Management. It generates maximum revenue from the Life Insurance segment, which manufactures ClearView life insurance products under a retail life insurance Australian Financial Services (AFS) licence.

ClearView Wealth (ASX:CVW) Headlines

No Headlines