Netwealth Group (ASX:NWL) Debt-to-Asset : 0.26 (As of Jun. 2026)

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ASX:NWL Netwealth Group Ltd ASX:NWL
76 GF Score
Price A$19.18
GF Value A$35.39
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Netwealth Group Debt-to-Asset?

Netwealth Group ASX:NWL +1.86% 76 Debt-to-Asset is 0.26 as of Jun. 2026. GuruFocus rates ASX:NWL with a GF Score™ of 76/100 and a GF Value™ of A$35.39 (Possible Value Trap). The stock has 3 warning signs investors should review.

Netwealth Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$23.9 Mil. Netwealth Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$46.5 Mil. Netwealth Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was A$276.3 Mil. Netwealth Group's debt to asset for the quarter that ended in Jun. 2026 was 0.25.

Netwealth Group  (ASX:NWL) 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.

Netwealth Group Debt-to-Asset Related Terms

Netwealth Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Netwealth Group'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.

Netwealth Group Debt-to-Asset Chart

Netwealth Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.08 0.08 0.05 0.26

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.08 0.06 0.05 0.04 0.26

ASX:NWL vs CRM, SHOP, UBER: Debt-to-Asset Comparison

For the Software - Application subindustry, Netwealth Group'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.

Netwealth Group Debt-to-Asset vs Software Industry

For the Software industry and Technology sector, Netwealth Group's Debt-to-Asset distribution charts can be found below:

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


ASX:NWL
76GF Score
Netwealth Group Ltd ASX:NWL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netwealth Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Netwealth Group's Debt-to-Asset for the fiscal year that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(23.911 + 46.498) / 276.278
=0.25

Netwealth Group's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(23.911 + 46.498) / 276.278
=0.25

* 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 0.26 mean?
Netwealth Group (ASX:NWL) has a Debt-to-Asset of 0.26 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Netwealth Group and its competitors.
Is Netwealth Group's Debt-to-Asset too high?
Netwealth Group's current Debt-to-Asset is 0.26. Overall, Netwealth Group has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netwealth Group's Debt-to-Asset compare to CRM and SHOP?
Netwealth Group's Debt-to-Asset of 0.26 can be compared against companies in the Software 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 Software company?
A good Debt-to-Asset depends on the Software 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 Netwealth Group and its competitors. Netwealth Group's current Debt-to-Asset is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netwealth Group stock overvalued right now?
Based on GuruFocus' analysis, Netwealth Group (ASX:NWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$35.39, compared to a current price of A$19.18 — trading 45.8% below its estimated fair value. The current Debt-to-Asset is 0.26. Netwealth Group's overall GF Score™ is 76/100 with 3 warning signs to review. 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 Netwealth Group (ASX:NWL), the current Debt-to-Asset is 0.26 as of Jun. 2026. 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.

Is Netwealth Group (ASX:NWL) Overvalued in 2026?

Based on GuruFocus' analysis, Netwealth Group stock appears to be undervalued. The current stock price of A$19.18 is trading 45.8% below its estimated GF Value™ of A$35.39. GuruFocus considers Netwealth Group to be Possible Value Trap.

Key valuation signals for ASX:NWL:

  • Debt-to-Asset: 0.26
  • GF Value™: A$35.39 vs. price of A$19.18 (45.8% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the ASX:NWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Netwealth Group Business Description

Address 180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform, which are managed by third-party investment managers.
76GF Score

Get the complete analysis for ASX:NWL

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$19.18
Price
A$35.39
GF Value