Tower Limited

NZSE TWR.NZ

Tower Limited Debt to Equity Ratio for the year ending September 30, 2024: 0.08

Tower Limited Debt to Equity Ratio is 0.08 for the year ending September 30, 2024, a -26.24% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Tower Limited Debt to Equity Ratio for the year ending September 30, 2023 was 0.11, a -1.61% change year over year.
  • Tower Limited Debt to Equity Ratio for the year ending September 30, 2022 was 0.11, a -2.81% change year over year.
  • Tower Limited Debt to Equity Ratio for the year ending September 30, 2021 was 0.11, a 350.71% change year over year.
  • Tower Limited Debt to Equity Ratio for the year ending September 30, 2020 was 0.03, a -50.90% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NZSE: TWR.NZ

Tower Limited

CEO Mr. Paul Johnston
IPO Date Jan. 1, 2000
Location New Zealand
Headquarters 136 Fanshawe Street
Employees 897
Sector Finance
Industries
Description

Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, contents, renters', house, landlord, business, travel, boat, motorbike, electric vehicle, lifestyle block and farm, motorhome, and caravan or trailer insurance. The company was founded in 1869 and is headquartered in Auckland, New Zealand.

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StockViz Staff

January 15, 2025

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