Scales (NZSE:SCL) Debt-to-Asset : 0.21 (As of Dec. 2023)

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What is Scales Debt-to-Asset?

Scales's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$11.0 Mil. Scales's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$110.3 Mil. Scales's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was NZ$581.7 Mil. Scales's debt to asset for the quarter that ended in Dec. 2023 was 0.21.

Scales Debt-to-Asset Historical Data

The historical data trend for Scales'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.

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Scales Debt-to-Asset Chart

Scales Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.24

0.23

0.20

0.17

0.21

Scales 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															0.20	0.20	0.17	0.22	0.21

Competitive Comparison of Scales's Debt-to-Asset

For the Packaged Foods subindustry, Scales'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.

Scales's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scales's Debt-to-Asset distribution charts can be found below:

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

Scales Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Scales'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
	=	(10.963	+	110.317)	/	581.658
	=	0.21

Scales'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
	=	(10.963	+	110.317)	/	581.658
	=	0.21

Scales (NZSE:SCL) 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.

Scales Debt-to-Asset Related Terms

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Scales (NZSE:SCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Scales Corp Ltd (NZSE:SCL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

S05:Germany

Address

52 Cashel Street, Christchurch, NZL, 8013

Website

https://www.scalescorporation.co.nz

Scales Corp Ltd is a company engaged in agribusiness activities. It provides logistics services, grows apples, export products, provides insurance services to companies within the group, and operates logistics facilities. The operating segments of the group are Global Proteins, Horticulture, Logistics, and Others. Geographically, the company has its presence in Australia, New Zealand, USA and Others.