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NZX (NZSE:NZX) Debt-to-Asset : 0.30 (As of Dec. 2023)


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What is NZX Debt-to-Asset?

NZX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$1.3 Mil. NZX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$81.0 Mil. NZX's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was NZ$276.5 Mil. NZX's debt to asset for the quarter that ended in Dec. 2023 was 0.30.


NZX Debt-to-Asset Historical Data

The historical data trend for NZX'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.

NZX Debt-to-Asset Chart

NZX 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 0.22 0.19 0.29 - 0.30

NZX Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.29 0.33 - 0.39 0.30

Competitive Comparison of NZX's Debt-to-Asset

For the Financial Data & Stock Exchanges subindustry, NZX'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.


NZX's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, NZX's Debt-to-Asset distribution charts can be found below:

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



NZX Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NZX'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
=(1.291 + 81.026) / 276.47
=0.30

NZX's Debt-to-Asset for the quarter 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
=(1.291 + 81.026) / 276.47
=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.


NZX  (NZSE:NZX) 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.


NZX Debt-to-Asset Related Terms

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


NZX (NZSE:NZX) Business Description

Traded in Other Exchanges
Address
11 Cable Street, Level 1 / NZX Centre, P.O. Box 2959, Wellington, NZL, 6011
NZX Ltd facilitates capital raising and securities trading. Its main function is to provide a market for the trading, clearing, and settlement of securities. It also provides market data relating to listed companies and indexes. It operates the New Zealand securities, derivatives, and energy markets, builds and maintains the infrastructure on which it operates, and provides a range of information and data to support market growth and development on a scale. NZX also provides wealth management services for New Zealand advisers via its Wealth Technologies business. Its segments include Markets, Funds Management, and Wealth Technologies.

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