GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Accordant Group Ltd (NZSE:AGL) » Definitions » Debt-to-Asset

Accordant Group (NZSE:AGL) Debt-to-Asset : 0.43 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Accordant Group Debt-to-Asset?

Accordant Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NZ$2.7 Mil. Accordant Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NZ$30.8 Mil. Accordant Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NZ$78.2 Mil. Accordant Group's debt to asset for the quarter that ended in Mar. 2024 was 0.43.


Accordant Group Debt-to-Asset Historical Data

The historical data trend for Accordant Group's Debt-to-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.

Accordant Group Debt-to-Asset Chart

Accordant Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.27 0.28 0.33 0.43

Accordant Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Debt-to-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 0.23 0.33 0.34 0.43

Competitive Comparison of Accordant Group's Debt-to-Asset

For the Staffing & Employment Services subindustry, Accordant Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Accordant Group's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Accordant Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Accordant Group's Debt-to-Asset falls into.



Accordant Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Accordant Group's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.673 + 30.796) / 78.213
=0.43

Accordant Group's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.673 + 30.796) / 78.213
=0.43

* 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.


Accordant Group  (NZSE:AGL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Accordant Group Debt-to-Asset Related Terms

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


Accordant Group (NZSE:AGL) Business Description

Traded in Other Exchanges
N/A
Address
51 Shortland Street, Level 6, P.O. Box 105675, Auckland, NTL, NZL, 1010
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: AWF and Madison, Absolute IT, and JacksonStone & Partners. The AWF brands derive their revenues from temporary staffing services to the industry. The Madison, Absolute IT, and JacksonStone & Partners brands, which is the key revenue driver, derive revenues from the temporary, contract, and permanent staff services to commerce.