Service Stream (ASX:SSM) Liabilities-to-Assets : 0.49 (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:SSM Service Stream Ltd ASX:SSM
75 GF Score
Price A$2.55
GF Value A$1.49
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Service Stream Liabilities-to-Assets?

Service Stream ASX:SSM -1.54% 75 Liabilities-to-Assets is 0.49 as of Dec. 2025. GuruFocus rates ASX:SSM with a GF Score™ of 75/100 and a GF Value™ of A$1.49 (Significantly Overvalued). The stock has 7 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. Service Stream's Total Liabilities for the quarter that ended in Dec. 2025 was A$502 Mil. Service Stream's Total Assets for the quarter that ended in Dec. 2025 was A$1,021 Mil. Therefore, Service Stream's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.49.


Service Stream  (ASX:SSM) 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.


Service Stream Liabilities-to-Assets Related Terms


Service Stream Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Service Stream'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.

Service Stream Liabilities-to-Assets Chart

Service Stream 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 0.41 0.55 0.57 0.54 0.51

Service Stream 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 0.56 0.54 0.52 0.51 0.49

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

For the Engineering & Construction subindustry, Service Stream'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.


Service Stream Liabilities-to-Assets vs Construction Industry

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

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


ASX:SSM
75GF Score
Service Stream Ltd ASX:SSM
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Service Stream 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.

Service Stream'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
=533.374/1045.946
=0.51

Service Stream'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
=502.174/1020.59
=0.49

* 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 0.49 mean?
Service Stream (ASX:SSM) has a Liabilities-to-Assets of 0.49 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Service Stream and its competitors.
Is Service Stream's Liabilities-to-Assets too high?
Service Stream's current Liabilities-to-Assets is 0.49. Overall, Service Stream has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Service Stream's Liabilities-to-Assets compare to PWR and FIX?
Service Stream's Liabilities-to-Assets of 0.49 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 Service Stream and its competitors. Service Stream's current Liabilities-to-Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Service Stream stock overvalued right now?
Based on GuruFocus' analysis, Service Stream (ASX:SSM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.49, compared to a current price of A$2.55 — trading 71.1% above its estimated fair value. The current Liabilities-to-Assets is 0.49. Service Stream's overall GF Score™ is 75/100 with 7 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 Service Stream (ASX:SSM), the current Liabilities-to-Assets is 0.49 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 Service Stream (ASX:SSM) Overvalued in 2026?

Based on GuruFocus' analysis, Service Stream stock appears to be overvalued. The current stock price of A$2.55 is trading 71.1% above its estimated GF Value™ of A$1.49. GuruFocus considers Service Stream to be Significantly Overvalued.

Key valuation signals for ASX:SSM:

  • Liabilities-to-Assets: 0.49
  • GF Value™: A$1.49 vs. price of A$2.55 (71.1% above fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Service Stream Business Description

Other Exchanges UFY:Germany
Address 655 Collins Street, Level 5, Docklands, VIC, AUS, 3008
Service Stream Ltd is engaged in the provision of telecommunications and network services. Its segments are Telecommunications, Transport, and Utilities. The Telecommunications segment provides a range of operations, maintenance, installation, design, and construction services to the owners of fixed-line and wireless telecommunication networks in Australia. Transport provides long-term operational support and maintenance services to public and private road and tunnel asset owners. The utilities segment provides operations, maintenance, design, and construction services, specialist metering, new energy, and inspection services to gas, water, and electricity network owners, among others. It generates revenue from the Telecommunications segment.
75GF Score

Get the complete analysis for ASX:SSM

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

A$2.55
Price
A$1.49
GF Value