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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. Netwealth Group's Total Liabilities for the quarter that ended in Dec. 2025 was A$156.9 Mil. Netwealth Group's Total Assets for the quarter that ended in Dec. 2025 was A$306.5 Mil.
Therefore, Netwealth Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.51.
Netwealth Group (ASX:NWL) 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.
Netwealth Group Liabilities-to-Assets Related Terms
Netwealth Group Liabilities-to-Assets Historical Data
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The historical data trend for Netwealth Group'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.
ASX:NWL vs QH, SHOP, UBER: Liabilities-to-Assets Comparison
For the Software - Application subindustry, Netwealth Group'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.
Netwealth Group Liabilities-to-Assets vs Software Industry
For the Software industry and Technology sector, Netwealth Group's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Netwealth Group's Liabilities-to-Assets falls into.
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.
Netwealth Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2025 is calculated as:
* 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.
Netwealth Group (ASX:NWL) has a Liabilities-to-Assets of 0.51 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Netwealth Group and its competitors.
Is Netwealth Group's Liabilities-to-Assets too high?
Netwealth Group's current Liabilities-to-Assets is 0.51. Overall, Netwealth Group has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netwealth Group's Liabilities-to-Assets compare to QH and SHOP?
Netwealth Group's Liabilities-to-Assets of 0.51 can be compared against companies in the Software 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 Software company?
A good Liabilities-to-Assets depends on the Software 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 Netwealth Group and its competitors. Netwealth Group's current Liabilities-to-Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netwealth Group stock overvalued right now?
Based on GuruFocus' analysis, Netwealth Group (ASX:NWL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$36.21, compared to a current price of A$21.86 — trading 39.6% below its estimated fair value. The current Liabilities-to-Assets is 0.51. Netwealth Group's overall GF Score™ is 80/100 with 2 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 Netwealth Group (ASX:NWL), the current Liabilities-to-Assets is 0.51 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 Netwealth Group (ASX:NWL) Overvalued in 2026?
Based on GuruFocus' analysis, Netwealth Group stock appears to be undervalued.
The current stock price of A$21.86 is trading 39.6% below its estimated GF Value™ of A$36.21.
GuruFocus considers Netwealth Group to be Significantly Undervalued.
Key valuation signals for ASX:NWL:
Liabilities-to-Assets: 0.51
GF Value™: A$36.21 vs. price of A$21.86 (39.6% below fair value)
No single metric tells the full story. See the ASX:NWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netwealth provides cloud-based investment administration software as a service in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform, which are managed by third-party investment managers.
80GF Score
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