Netwealth Group (ASX:NWL) Total Liabilities : A$46.1 Mil (As of Dec. 2023)

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What is Netwealth Group Total Liabilities?

Netwealth Group's Total Liabilities for the quarter that ended in Dec. 2023 was A$46.1 Mil.

Netwealth Group's quarterly Total Liabilities increased from Dec. 2022 (A$37.51 Mil) to Jun. 2023 (A$38.84 Mil) and increased from Jun. 2023 (A$38.84 Mil) to Dec. 2023 (A$46.12 Mil).

Netwealth Group's annual Total Liabilities declined from Jun. 2021 (A$37.94 Mil) to Jun. 2022 (A$31.96 Mil) but then increased from Jun. 2022 (A$31.96 Mil) to Jun. 2023 (A$38.84 Mil).

Netwealth Group Total Liabilities Historical Data

The historical data trend for Netwealth Group's Total Liabilities 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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Netwealth Group Total Liabilities Chart

Netwealth Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Liabilities

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17.58

35.86

37.94

31.96

38.84

Netwealth Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Liabilities	Get a 7-Day Free Trial								36.47	31.96	37.51	38.84	46.12

Netwealth Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Netwealth Group's Total Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Liabilities	=	Total Assets (A: Jun. 2023 )	-	Total Equity (A: Jun. 2023 )
	=	161.885	-	123.049
	=	38.8

Netwealth Group's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	179.27	-	133.154
	=	46.1

Netwealth Group Total Liabilities Related Terms

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Netwealth Group (ASX:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Netwealth Group Ltd (ASX:NWL) » Definitions » Total Liabilities

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Traded in Other Exchanges

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Address

180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.netwealth.com.au

Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.