Fleetwood (ASX:FWD) Liabilities-to-Assets : 0.36 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:FWD Fleetwood Ltd ASX:FWD
58 GF Score
Price A$2.31
GF Value A$2.17
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Fleetwood Liabilities-to-Assets?

Fleetwood ASX:FWD +5.96% 58 Liabilities-to-Assets is 0.36 as of Dec. 2025. GuruFocus rates ASX:FWD with a GF Score™ of 58/100 and a GF Value™ of A$2.17 (Fairly Valued). The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Fleetwood's Total Liabilities for the quarter that ended in Dec. 2025 was A$91.8 Mil. Fleetwood's Total Assets for the quarter that ended in Dec. 2025 was A$253.5 Mil. Therefore, Fleetwood's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.36.


Fleetwood  (ASX:FWD) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Fleetwood Liabilities-to-Assets Related Terms


Fleetwood Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Fleetwood's Liabilities-to-Assets 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.

Fleetwood Liabilities-to-Assets Chart

Fleetwood Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.47 0.40 0.34 0.36

Fleetwood Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Liabilities-to-Assets 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 0.38 0.34 0.42 0.36 0.36

ASX:FWD vs PWR, FIX, EME: Liabilities-to-Assets Comparison

For the Engineering & Construction subindustry, Fleetwood's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Fleetwood Liabilities-to-Assets vs Construction Industry

For the Construction industry and Industrials sector, Fleetwood's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Fleetwood's Liabilities-to-Assets falls into.


ASX:FWD
58GF Score
Fleetwood Ltd ASX:FWD
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fleetwood Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Fleetwood's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2025 is calculated as:

Liabilities-to-Assets (A: Jun. 2025 )=Total Liabilities/Total Assets
=91.668/257.433
=0.36

Fleetwood's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=91.788/253.503
=0.36

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.36 mean?
Fleetwood (ASX:FWD) has a Liabilities-to-Assets of 0.36 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Fleetwood and its competitors.
Is Fleetwood's Liabilities-to-Assets too high?
Fleetwood's current Liabilities-to-Assets is 0.36. Overall, Fleetwood has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fleetwood's Liabilities-to-Assets compare to PWR and FIX?
Fleetwood's Liabilities-to-Assets of 0.36 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Construction company?
A good Liabilities-to-Assets depends on the Construction industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Fleetwood and its competitors. Fleetwood's current Liabilities-to-Assets is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fleetwood stock overvalued right now?
Based on GuruFocus' analysis, Fleetwood (ASX:FWD) is currently considered Fairly Valued. The stock's GF Value™ is A$2.17, compared to a current price of A$2.31 — trading 6.5% above its estimated fair value. The current Liabilities-to-Assets is 0.36. Fleetwood's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Fleetwood (ASX:FWD), the current Liabilities-to-Assets is 0.36 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 Fleetwood (ASX:FWD) Overvalued in 2026?

Based on GuruFocus' analysis, Fleetwood stock appears to be overvalued. The current stock price of A$2.31 is trading 6.5% above its estimated GF Value™ of A$2.17. GuruFocus considers Fleetwood to be Fairly Valued.

Key valuation signals for ASX:FWD:

  • Liabilities-to-Assets: 0.36
  • GF Value™: A$2.17 vs. price of A$2.31 (6.5% above fair value)
  • GF Score™: 58/100 with 3 warning signs

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


Fleetwood Business Description

Other Exchanges FZS:Germany
Address 383 Kent Street, Level 8, Sydney, NSW, AUS, 2000
Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominantly for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions, Building Solutions, and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.
58GF Score

Get the complete analysis for ASX:FWD

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

A$2.31
Price
A$2.17
GF Value