Summerset Group Holdings Limited

NZSE SUM.NZ

Summerset Group Holdings Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.54

Summerset Group Holdings Limited Debt to Equity Ratio is 0.54 for the year ending December 31, 2023, a 10.07% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Summerset Group Holdings Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.49, a 24.35% change year over year.
Summerset Group Holdings Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.39, a -23.41% change year over year.
Summerset Group Holdings Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.52, a -3.98% change year over year.
Summerset Group Holdings Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.54, a 16.04% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NZSE: SUM.NZ

Summerset Group Holdings Limited

CEO	Mr. Scott Grady Scoullar BCA, C.A., FCPA
IPO Date	Oct. 31, 2011
Location	New Zealand
Headquarters	Majestic Centre
Employees	2,900
Sector	Health Care
Industries Senior Care Leisure Pension Funds

Description

Summerset Group Holdings Limited, together with its subsidiaries, develops, owns, and operates integrated retirement villages in New Zealand and Australia. It provides rest home care, hospital care, memory care, and respite and short-term care services, as well as villas, cottages, townhouses, apartments, serviced apartments, and care centers. The company also develops land of retirement villages. It develops and operates 29 retirement villages for approximately 6,900 residents. The company was founded in 1997 and is headquartered in Wellington, New Zealand. Summerset Group Holdings Limited is a subsidiary of New Zealand Central Securities Depository Limited.

Key trends

Past 5 years