GWAXY (GWA Group) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is GWA Group 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. GWA Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

GWA Group's long-term debt to total assets ratio declined from Dec. 2023 (0.21) to Dec. 2024 (0.20). It may suggest that GWA Group is progressively becoming less dependent on debt to grow their business.

GWA Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for GWA Group'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.

* Premium members only.

GWA Group LT-Debt-to-Total-Asset Chart

GWA Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.30

0.26

0.28

0.24

0.21

GWA Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.24	0.21	0.21	0.20

GWA Group LT-Debt-to-Total-Asset Calculation

GWA Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	90.226	/	438.171
	=	0.21

GWA Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	82.25	/	406.289
	=	0.20

GWA Group (OTCPK:GWAXY) 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.

GWA Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of GWA Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

GWA Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GWA Group Ltd (OTCPK:GWAXY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

GWA:Australia

Address

188 Holt Street, Building 3B, Pinkenba, Brisbane, QLD, AUS, 4008

Website

https://www.gwagroup.com.au

GWA Group Ltd is an Australian designer of sanitary-ware and bathroom fittings, having undergone a divestment program to focus solely on front-of-wall bathroom and kitchen fittings markets. GWA's portfolio of brands includes Caroma, Dorf, Fowler, and Clark, with Caroma, in particular, enjoying the long history and high brand awareness in the Australian market. It has one reportable segment: Water Solutions. This segment includes the sale of vitreous China toilet suites, basins, plastic cisterns, taps and showers, baths, kitchen sinks, laundry tubs, domestic water control valves, smart products and bathroom accessories.