2 Cheap Cars Group (NZSE:2CC) LT-Debt-to-Total-Asset: 0.20 (As of Mar. 2026)

What is 2 Cheap Cars Group LT-Debt-to-Total-Asset?

2 Cheap Cars Group NZSE:2CC 51 LT-Debt-to-Total-Asset is 0.20 as of Mar. 2026. GuruFocus rates NZSE:2CC with a GF Score™ of 51/100 and a GF Value™ of NZ$0.71 (Fairly Valued). The stock has 4 warning signs investors should review.

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. 2 Cheap Cars Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.20.

2 Cheap Cars Group's long-term debt to total assets ratio increased from Mar. 2025 (0.19) to Mar. 2026 (0.20). It may suggest that 2 Cheap Cars Group is progressively becoming more dependent on debt to grow their business.

2 Cheap Cars Group (NZSE:2CC) 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.

2 Cheap Cars Group LT-Debt-to-Total-Asset Related Terms

2 Cheap Cars Group LT-Debt-to-Total-Asset Historical Data

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The historical data trend for 2 Cheap Cars 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.

2 Cheap Cars Group LT-Debt-to-Total-Asset Chart

2 Cheap Cars Group Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

LT-Debt-to-Total-Asset

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0.16

0.21

0.16

0.19

0.20

2 Cheap Cars Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.16	0.21	0.19	0.23	0.20

51GF Score

2 Cheap Cars Group Ltd NZSE:2CC

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2 Cheap Cars Group LT-Debt-to-Total-Asset Calculation

2 Cheap Cars Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )	/	Total Assets (A: Mar. 2026 )
	=	7.314	/	36.345
	=	0.20

2 Cheap Cars Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	7.314	/	36.345
	=	0.20

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.20 mean?

2 Cheap Cars Group (NZSE:2CC) has a LT-Debt-to-Total-Asset of 0.20 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on 2 Cheap Cars Group and its competitors.

Is 2 Cheap Cars Group's LT-Debt-to-Total-Asset too high?

2 Cheap Cars Group's current LT-Debt-to-Total-Asset is 0.20. Overall, 2 Cheap Cars Group has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does 2 Cheap Cars Group's LT-Debt-to-Total-Asset compare to CVNA and PAG?

2 Cheap Cars Group's LT-Debt-to-Total-Asset of 0.20 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Vehicles & Parts company?

A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on 2 Cheap Cars Group and its competitors. 2 Cheap Cars Group's current LT-Debt-to-Total-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is 2 Cheap Cars Group stock overvalued right now?

Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Fairly Valued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.66 — trading 7% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.20. 2 Cheap Cars Group's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For 2 Cheap Cars Group (NZSE:2CC), the current LT-Debt-to-Total-Asset is 0.20 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.

Is 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?

Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be undervalued. The current stock price of NZ$0.66 is trading 7% below its estimated GF Value™ of NZ$0.71. GuruFocus considers 2 Cheap Cars Group to be Fairly Valued.

Key valuation signals for NZSE:2CC:

LT-Debt-to-Total-Asset: 0.20
GF Value™: NZ$0.71 vs. price of NZ$0.66 (7% below fair value)
GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

2 Cheap Cars Group Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies CVNA PAG XBRU:DIE ALTB TPE:2207 KMX LAD AN RUSHA TSE:4732 VVV OPLN ASX:APE ABG LSE:INCH GPI CARG TSX:BYD SAH DRVN

Address 102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061

Website https://www.2cheapcars.co.nz

2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.

51GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.66

Price

NZ$0.71

GF Value

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