ANZ Group Holdings (ANZ Group Holdings) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2023)

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What is ANZ Group Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. ANZ Group Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.14.

ANZ Group Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.12) to Sep. 2023 (0.14). It may suggest that ANZ Group Holdings is progressively becoming more dependent on debt to grow their business.

ANZ Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for ANZ Group Holdings's LT-Debt-to-Total-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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ANZ Group Holdings LT-Debt-to-Total-Asset Chart

ANZ Group Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.14

0.12

0.13

0.12

0.14

ANZ Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.12	0.12	0.13	0.14

ANZ Group Holdings LT-Debt-to-Total-Asset Calculation

ANZ Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	96449.871	/	710552.699
	=	0.14

ANZ Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	96449.871	/	710552.699
	=	0.14

ANZ Group Holdings (OTCPK:ANZGF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

ANZ Group Holdings LT-Debt-to-Total-Asset Related Terms

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ANZ Group Holdings (ANZ Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ANZ Group Holdings Ltd (OTCPK:ANZGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ANZGY:USA ANZ:New Zealand X5Z1:Germany AN3PH.PFD:Australia AN3PG.PFD:Australia ANZPF.PFD:Australia ANZPE.PFD:Australia ANZ:Australia

Address

833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.anz.com.au

ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.

ANZ Group Holdings (ANZ Group Holdings) Headlines

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