Goodman New Zealand and Goodman Property Services (NZSE:GNZ) LT-Debt-to-Total-Asset: 0.21 (As of Sep. 2025)

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NZSE:GNZ Goodman New Zealand Ltd and Goodman Property Services Ltd NZSE:GNZ
79 GF Score
Price NZ$2.00
GF Value NZ$1.52
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodman New Zealand and Goodman Property Services LT-Debt-to-Total-Asset?

Goodman New Zealand and Goodman Property Services NZSE:GNZ -0.50% 79 LT-Debt-to-Total-Asset is 0.21 as of Sep. 2025. GuruFocus rates NZSE:GNZ with a GF Score™ of 79/100 and a GF Value™ of NZ$1.52 (Significantly Overvalued). The stock has 5 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. Goodman New Zealand and Goodman Property Services's long-term debt to total assests ratio for the quarter that ended in Sep. 2025 was 0.21.

Goodman New Zealand and Goodman Property Services's long-term debt to total assets ratio declined from Sep. 2024 (0.33) to Sep. 2025 (0.21). It may suggest that Goodman New Zealand and Goodman Property Services is progressively becoming less dependent on debt to grow their business.

Goodman New Zealand and Goodman Property Services  (NZSE:GNZ) 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.

Goodman New Zealand and Goodman Property Services LT-Debt-to-Total-Asset Related Terms

Goodman New Zealand and Goodman Property Services LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Goodman New Zealand and Goodman Property Services'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.

Goodman New Zealand and Goodman Property Services LT-Debt-to-Total-Asset Chart

Goodman New Zealand and Goodman Property Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.25 0.26 0.26

Goodman New Zealand and Goodman Property Services Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
LT-Debt-to-Total-Asset 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 0.28 0.26 0.33 0.26 0.21
NZSE:GNZ
79GF Score
Goodman New Zealand Ltd and Goodman Property Services Ltd NZSE:GNZ
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodman New Zealand and Goodman Property Services LT-Debt-to-Total-Asset Calculation

Goodman New Zealand and Goodman Property Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (A: Mar. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2025 )/Total Assets (A: Mar. 2025 )
=1258.8/4785.4
=0.26

Goodman New Zealand and Goodman Property Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2025 is calculated as

LT Debt to Total Assets (Q: Sep. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2025 )/Total Assets (Q: Sep. 2025 )
=842.9/4063.1
=0.21

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.21 mean?
Goodman New Zealand and Goodman Property Services (NZSE:GNZ) has a LT-Debt-to-Total-Asset of 0.21 as of Sep. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Goodman New Zealand and Goodman Property Services and its competitors.
Is Goodman New Zealand and Goodman Property Services' LT-Debt-to-Total-Asset too high?
Goodman New Zealand and Goodman Property Services' current LT-Debt-to-Total-Asset is 0.21. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' LT-Debt-to-Total-Asset compare to PLD and PSA?
Goodman New Zealand and Goodman Property Services' LT-Debt-to-Total-Asset of 0.21 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 LT-Debt-to-Total-Asset for a REITs company?
A good LT-Debt-to-Total-Asset depends on the REITs 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 Goodman New Zealand and Goodman Property Services and its competitors. Goodman New Zealand and Goodman Property Services's current LT-Debt-to-Total-Asset is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (NZSE:GNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.52, compared to a current price of NZ$2.00 — trading 31.6% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.21. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 79/100 with 5 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 Goodman New Zealand and Goodman Property Services (NZSE:GNZ), the current LT-Debt-to-Total-Asset is 0.21 as of Sep. 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 Goodman New Zealand and Goodman Property Services (NZSE:GNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued. The current stock price of NZ$2.00 is trading 31.6% above its estimated GF Value™ of NZ$1.52. GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.

Key valuation signals for NZSE:GNZ:

  • LT-Debt-to-Total-Asset: 0.21
  • GF Value™: NZ$1.52 vs. price of NZ$2.00 (31.6% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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

Goodman New Zealand and Goodman Property Services Business Description

Industry Real EstateREITs
Other Exchanges NJK:Germany
Address 18 Viaduct Harbour Avenue, Victoria Street West, PO Box 90940, Level 2, KPMG Centre, Auckland, NSW, AUS, 1142
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
79GF Score

Get the complete analysis for NZSE:GNZ

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

NZ$2.00
Price
NZ$1.52
GF Value