Waterco (ASX:WAT) Debt-to-Asset : 0.30 (As of Dec. 2025)

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ASX:WAT Waterco Ltd ASX:WAT
83 GF Score
Price A$5.51
GF Value A$7.88
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Waterco Debt-to-Asset?

Waterco ASX:WAT 83 Debt-to-Asset is 0.30 as of Dec. 2025. GuruFocus rates ASX:WAT with a GF Score™ of 83/100 and a GF Value™ of A$7.88 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Waterco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$54.5 Mil. Waterco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$30.3 Mil. Waterco's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was A$280.2 Mil. Waterco's debt to asset for the quarter that ended in Dec. 2025 was 0.30.

Waterco  (ASX:WAT) 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.

Waterco Debt-to-Asset Related Terms

Waterco Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Waterco'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.

Waterco Debt-to-Asset Chart

Waterco 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 0.08 0.11 0.11 0.26 0.31

Waterco 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 0.30 0.26 0.30 0.31 0.30

ASX:WAT vs VLTO, ZWS, CECO: Debt-to-Asset Comparison

For the Pollution & Treatment Controls subindustry, Waterco'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.

Waterco Debt-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Waterco's Debt-to-Asset distribution charts can be found below:

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


ASX:WAT
83GF Score
Waterco Ltd ASX:WAT
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Waterco Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Waterco'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
=(15.674 + 66.678) / 264.243
=0.31

Waterco'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
=(54.46 + 30.258) / 280.164
=0.30

* 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 0.30 mean?
Waterco (ASX:WAT) has a Debt-to-Asset of 0.30 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Waterco and its competitors.
Is Waterco's Debt-to-Asset too high?
Waterco's current Debt-to-Asset is 0.30. Overall, Waterco has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waterco's Debt-to-Asset compare to VLTO and ZWS?
Waterco's Debt-to-Asset of 0.30 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Debt-to-Asset depends on the Industrial Products 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 Waterco and its competitors. Waterco's current Debt-to-Asset is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterco stock overvalued right now?
Based on GuruFocus' analysis, Waterco (ASX:WAT) is currently considered Significantly Undervalued. The stock's GF Value™ is A$7.88, compared to a current price of A$5.51 — trading 30.1% below its estimated fair value. The current Debt-to-Asset is 0.30. Waterco's overall GF Score™ is 83/100 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 Waterco (ASX:WAT), the current Debt-to-Asset is 0.30 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 Waterco (ASX:WAT) Overvalued in 2026?

Based on GuruFocus' analysis, Waterco stock appears to be undervalued. The current stock price of A$5.51 is trading 30.1% below its estimated GF Value™ of A$7.88. GuruFocus considers Waterco to be Significantly Undervalued.

Key valuation signals for ASX:WAT:

  • Debt-to-Asset: 0.30
  • GF Value™: A$7.88 vs. price of A$5.51 (30.1% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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

Waterco Business Description

Other Exchanges 3W4:Germany
Address 36 South Street, Rydalmere, Sydney, NSW, AUS, 2116
Waterco Ltd designs, manufactures, and distributes filtration and sanitisation products for swimming pools, spas, aquaculture, and water purification sectors. The company serves residential, commercial, and industrial markets in various countries. Waterco operates manufacturing and R&D facilities in Australia, New Zealand, Malaysia, China, and other countries. It also franchises Swimart, a pool and spa retail network in Australia and New Zealand, and is the exclusive distributor of Zane Solar Pool Heating systems. Waterco's product range includes pool equipment, water treatment systems, chemicals, and solar heating solutions. The company generates revenue predominantly through the sales of pool and spa equipment, water treatment systems, and franchising operations.
83GF Score

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

A$5.51
Price
A$7.88
GF Value