Asset Plus (NZSE:APL) Liabilities-to-Assets : 0.02 (As of Mar. 2026)

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NZSE:APL Asset Plus Ltd NZSE:APL
38 GF Score
Price NZ$0.16
! 2 Warning Signs
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What is Asset Plus Liabilities-to-Assets?

Asset Plus NZSE:APL -1.23% 38 Liabilities-to-Assets is 0.02 as of Mar. 2026. GuruFocus rates NZSE:APL with a GF Score™ of 38/100. The stock has 2 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. Asset Plus's Total Liabilities for the quarter that ended in Mar. 2026 was NZ$1.65 Mil. Asset Plus's Total Assets for the quarter that ended in Mar. 2026 was NZ$112.96 Mil. Therefore, Asset Plus's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.02.


Asset Plus  (NZSE:APL) 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.


Asset Plus Liabilities-to-Assets Related Terms


Asset Plus Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Asset Plus'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.

Asset Plus Liabilities-to-Assets Chart

Asset Plus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.36 0.43 0.01 0.02

Asset Plus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.43 0.25 0.01 0.01 0.02

NZSE:APL vs VICI, WPC, BNL: Liabilities-to-Assets Comparison

For the REIT - Diversified subindustry, Asset Plus'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.


Asset Plus Liabilities-to-Assets vs REITs Industry

For the REITs industry and Real Estate sector, Asset Plus's Liabilities-to-Assets distribution charts can be found below:

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


NZSE:APL
38GF Score
Asset Plus Ltd NZSE:APL
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Asset Plus 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.

Asset Plus's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Liabilities-to-Assets (A: Mar. 2026 )=Total Liabilities/Total Assets
=1.648/112.958
=0.01

Asset Plus's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=1.648/112.958
=0.01

* 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 0.02 mean?
Asset Plus (NZSE:APL) has a Liabilities-to-Assets of 0.02 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Asset Plus and its competitors.
Is Asset Plus' Liabilities-to-Assets too high?
Asset Plus' current Liabilities-to-Assets is 0.02. Overall, Asset Plus has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Asset Plus' Liabilities-to-Assets compare to VICI and WPC?
Asset Plus' Liabilities-to-Assets of 0.02 can be compared against companies in the REITs 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 REITs company?
A good Liabilities-to-Assets depends on the REITs 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 Asset Plus and its competitors. Asset Plus's current Liabilities-to-Assets is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Plus stock overvalued right now?
Asset Plus (NZSE:APL) has a current Liabilities-to-Assets of 0.02. The current Liabilities-to-Assets is 0.02. Asset Plus' overall GF Score™ is 38/100 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 Asset Plus (NZSE:APL), the current Liabilities-to-Assets is 0.02 as of Mar. 2026. 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.

Asset Plus Business Description

Industry Real EstateREITs
Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
38GF Score

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

NZ$0.16
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