Telstra Group (ASX:TLS) Debt-to-Asset : 0.42 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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ASX:TLS Telstra Group Ltd ASX:TLS
78 GF Score
Price A$4.89
GF Value A$4.42
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Telstra Group Debt-to-Asset?

Telstra Group ASX:TLS -0.81% 78 Debt-to-Asset is 0.42 as of Dec. 2025. GuruFocus rates ASX:TLS with a GF Score™ of 78/100 and a GF Value™ of A$4.42 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Telstra Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$4,705 Mil. Telstra Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$14,047 Mil. Telstra Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was A$44,639 Mil. Telstra Group's debt to asset for the quarter that ended in Dec. 2025 was 0.42.


Telstra Group  (ASX:TLS) 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.


Telstra Group Debt-to-Asset Related Terms


Telstra Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Telstra 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.

Telstra Group Debt-to-Asset Chart

Telstra Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.34 0.35 0.37 0.40

Telstra Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.36 0.37 0.40 0.40 0.42

ASX:TLS vs TMUS, VZ, T: Debt-to-Asset Comparison

For the Telecom Services subindustry, Telstra 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.


Telstra Group Debt-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telstra Group's Debt-to-Asset distribution charts can be found below:

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


ASX:TLS
78GF Score
Telstra Group Ltd ASX:TLS
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Telstra Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

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

* 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 0.42 mean?
Telstra Group (ASX:TLS) has a Debt-to-Asset of 0.42 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Telstra Group and its competitors.
Is Telstra Group's Debt-to-Asset too high?
Telstra Group's current Debt-to-Asset is 0.42. Overall, Telstra Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telstra Group's Debt-to-Asset compare to TMUS and VZ?
Telstra Group's Debt-to-Asset of 0.42 can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Debt-to-Asset depends on the Telecommunication 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 Telstra Group and its competitors. Telstra Group's current Debt-to-Asset is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telstra Group stock overvalued right now?
Based on GuruFocus' analysis, Telstra Group (ASX:TLS) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.42, compared to a current price of A$4.89 — trading 10.6% above its estimated fair value. The current Debt-to-Asset is 0.42. Telstra Group's overall GF Score™ is 78/100 with 6 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 Telstra Group (ASX:TLS), the current Debt-to-Asset is 0.42 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 Telstra Group (ASX:TLS) Overvalued in 2026?

Based on GuruFocus' analysis, Telstra Group stock appears to be overvalued. The current stock price of A$4.89 is trading 10.6% above its estimated GF Value™ of A$4.42. GuruFocus considers Telstra Group to be Modestly Overvalued.

Key valuation signals for ASX:TLS:

  • Debt-to-Asset: 0.42
  • GF Value™: A$4.42 vs. price of A$4.89 (10.6% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Telstra Group Business Description

Address 242 Exhibition Street, Level 41 - Telstra Centre, Melbourne, VIC, AUS, 3000
Telstra is Australia's largest telecommunications company, with dominant market shares in voice, mobile, enterprise telecom, and fixed-line broadband resale via the national broadband network. Telstra provides most of its services via its infrastructure assets, such as a fixed-line network (data centers, exchanges, poles, ducts, pits and pipes, fiber network), a mobile network, and mobile towers. Its customers span retail, corporate, government, wholesale, and overseas segments. Telstra also provides the government-owned, last-mile fixed-line National Broadband Network with long-term access to its infrastructure, in return for recurring payments. Finally, Telstra operates a leading telecom operation in Papua New Guinea and the surrounding South-Pacific countries.
78GF Score

Get the complete analysis for ASX:TLS

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

A$4.89
Price
A$4.42
GF Value