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NZRFF (Channel Infrastructure NZ) Debt-to-Asset : 0.34 (As of Jun. 2024)


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What is Channel Infrastructure NZ Debt-to-Asset?

Channel Infrastructure NZ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.04 Mil. Channel Infrastructure NZ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $201.84 Mil. Channel Infrastructure NZ's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $594.48 Mil. Channel Infrastructure NZ's debt to asset for the quarter that ended in Jun. 2024 was 0.34.


Channel Infrastructure NZ Debt-to-Asset Historical Data

The historical data trend for Channel Infrastructure NZ'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.

Channel Infrastructure NZ Debt-to-Asset Chart

Channel Infrastructure NZ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.24 0.18 0.28 0.33

Channel Infrastructure NZ Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.20 0.28 0.31 0.33 0.34

Competitive Comparison of Channel Infrastructure NZ's Debt-to-Asset

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.


Channel Infrastructure NZ's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Debt-to-Asset distribution charts can be found below:

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



Channel Infrastructure NZ Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Channel Infrastructure NZ's Debt-to-Asset for the fiscal year 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
=(34.759 + 165.152) / 605.759
=0.33

Channel Infrastructure NZ's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.037 + 201.843) / 594.479
=0.34

* 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.


Channel Infrastructure NZ  (OTCPK:NZRFF) 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.


Channel Infrastructure NZ Debt-to-Asset Related Terms

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


Channel Infrastructure NZ Business Description

Traded in Other Exchanges
Address
Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.