Rubicon Water (ASX:RWL) Debt-to-Asset : 0.26 (As of Dec. 2025)

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ASX:RWL Rubicon Water Ltd ASX:RWL
20 GF Score
Price A$0.15
GF Value A$0.26
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Rubicon Water Debt-to-Asset?

Rubicon Water ASX:RWL -3.33% 20 Debt-to-Asset is 0.26 as of Dec. 2025. GuruFocus rates ASX:RWL with a GF Score™ of 20/100 and a GF Value™ of A$0.26 (Possible Value Trap). The stock has 2 warning signs investors should review.

Rubicon Water's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$22.86 Mil. Rubicon Water's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$3.28 Mil. Rubicon Water's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was A$101.17 Mil. Rubicon Water's debt to asset for the quarter that ended in Dec. 2025 was 0.26.

Rubicon Water  (ASX:RWL) 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.

Rubicon Water Debt-to-Asset Related Terms

Rubicon Water Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Rubicon Water'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.

Rubicon Water Debt-to-Asset Chart

Rubicon Water Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
0.23 0.28 0.35 0.22

Rubicon Water Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.35 0.23 0.22 0.26

ASX:RWL vs AWK, WTRG, AWR: Debt-to-Asset Comparison

For the Utilities - Regulated Water subindustry, Rubicon Water'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.

Rubicon Water Debt-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rubicon Water's Debt-to-Asset distribution charts can be found below:

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


ASX:RWL
20GF Score
Rubicon Water Ltd ASX:RWL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rubicon Water Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rubicon Water's Debt-to-Asset for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(18.384 + 4.749) / 103.936
=0.22

Rubicon Water's Debt-to-Asset for the quarter that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(22.863 + 3.282) / 101.174
=0.26

* 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?
Rubicon Water (ASX:RWL) has a Debt-to-Asset of 0.26 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Rubicon Water and its competitors.
Is Rubicon Water's Debt-to-Asset too high?
Rubicon Water's current Debt-to-Asset is 0.26. Overall, Rubicon Water has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rubicon Water's Debt-to-Asset compare to AWK and WTRG?
Rubicon Water's Debt-to-Asset of 0.26 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Debt-to-Asset depends on the Utilities - Regulated 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 Rubicon Water and its competitors. Rubicon Water'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 Rubicon Water stock overvalued right now?
Based on GuruFocus' analysis, Rubicon Water (ASX:RWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.26, compared to a current price of A$0.15 — trading 44.2% below its estimated fair value. The current Debt-to-Asset is 0.26. Rubicon Water's overall GF Score™ is 20/100 with 2 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 Rubicon Water (ASX:RWL), the current Debt-to-Asset is 0.26 as of Dec. 2025. 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 Rubicon Water (ASX:RWL) Overvalued in 2026?

Based on GuruFocus' analysis, Rubicon Water stock appears to be undervalued. The current stock price of A$0.15 is trading 44.2% below its estimated GF Value™ of A$0.26. GuruFocus considers Rubicon Water to be Possible Value Trap.

Key valuation signals for ASX:RWL:

  • Debt-to-Asset: 0.26
  • GF Value™: A$0.26 vs. price of A$0.15 (44.2% below fair value)
  • GF Score™: 20/100 with 2 warning signs

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

Rubicon Water Business Description

Address 1 Cato Street, Hawthorn East, Melbourne, VIC, AUS, 3123
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.
20GF Score

Get the complete analysis for ASX:RWL

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

A$0.15
Price
A$0.26
GF Value