Top companies in New Zealand by Debt to Equity Ratio

This ranking features the top 55 companies in New Zealand ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.75, for January 15, 2025.

New Zealand

All sectors

#	Name	Debt to Equity Ratio	Reported Date	Stock Price	Change	Country
1	Vulcan Steel Limited 1 VSL.NZ	3.43	June 30, 2024	USD 4.59	2.60%	New Zealand
2	Restaurant Brands New Zealand Limited 2 RBD.NZ	3.43	Dec. 31, 2023	USD 2.32	-1.09%	New Zealand
3	Chorus Limited 3 CNU.NZ	3.33	June 30, 2024	USD 4.82	0.93%	New Zealand
4	The Warehouse Group Limited 4 WHS.NZ	2.65	July 31, 2024	USD 0.58	3.36%	New Zealand
5	Turners Automotive Group Limited 5 TRA.NZ	1.62	March 31, 2024	USD 3.00	0.53%	New Zealand
6	Spark New Zealand Limited 6 SPK.NZ	1.48	June 30, 2024	USD 1.62	0.35%	New Zealand
7	Third Age Health Services Limited 7 TAH.NZ	1.37	March 31, 2024	USD 1.57	0.35%	New Zealand
8	Infratil Limited 8 IFT.NZ	1.16	March 31, 2024	USD 6.58	0.78%	New Zealand
9	Fletcher Building Limited 9 FBU.NZ	1.07	June 30, 2024	USD 1.60	2.14%	New Zealand
10	Tourism Holdings Limited 10 THL.NZ	1.05	June 30, 2024	USD 1.11	0.85%	New Zealand
11	PGG Wrightson Limited 11 PGW.NZ	0.97	June 30, 2024	USD 0.88	-0.92%	New Zealand
12	Seeka Limited 12 SEK.NZ	0.93	Dec. 31, 2023	USD 1.82	-2.65%	New Zealand
13	Briscoe Group Limited 13 BGP.NZ	0.92	Jan. 31, 2024	USD 2.70	-0.27%	New Zealand
14	Xero Limited 14 XRO.AX	0.88	March 31, 2024	USD 102.28	0.11%	New Zealand
15	Delegat Group Limited 15 DGL.NZ	0.83	June 30, 2024	USD 2.69	-0.69%	New Zealand
16	NZME Limited 16 NZM.NZ	0.82	Dec. 31, 2023	USD 0.60	2.24%	New Zealand
17	Hallenstein Glasson Holdings Limited 17 HLG.NZ	0.77	July 31, 2024	USD 4.52	-1.00%	New Zealand
18	T&G Global Limited 18 TGG.NZ	0.74	Dec. 31, 2023	USD 0.92	3.82%	New Zealand
19	Contact Energy Limited 19 CEN.NZ	0.73	June 30, 2024	USD 5.17	-0.94%	New Zealand
20	Vital Healthcare Property Trust 20 VHP.NZ	0.72	June 30, 2024	USD 1.04	-0.19%	New Zealand
21	NZX Limited 21 NZX.NZ	0.70	Dec. 31, 2023	USD 0.84	-0.32%	New Zealand
22	Precinct Properties New Zealand Limited 22 PCT.NZ	0.67	June 30, 2024	USD 0.68	-0.48%	New Zealand
23	Mainfreight Limited 23 MFT.NZ	0.66	March 31, 2024	USD 40.05	0.23%	New Zealand
24	Channel Infrastructure NZ Limited 24 CHI.NZ	0.64	Dec. 31, 2023	USD 1.08	0.35%	New Zealand
25	Argosy Property Limited 25 ARG.NZ	0.64	March 31, 2024	USD 0.57	0.35%	New Zealand
26	South Port New Zealand Limited 26 SPN.NZ	0.60	June 30, 2024	USD 3.22	-2.21%	New Zealand
27	Ryman Healthcare Limited 27 RYM.NZ	0.58	March 31, 2024	USD 2.51	0.12%	New Zealand
28	SkyCity Entertainment Group Limited 28 SKC.NZ	0.56	June 30, 2024	USD 0.80	0.35%	New Zealand
29	Vector Limited 29 VCT.NZ	0.56	June 30, 2024	USD 2.24	0.10%	New Zealand
30	Genesis Energy Limited 30 GNE.NZ	0.54	June 30, 2024	USD 1.21	-0.12%	New Zealand
31	Summerset Group Holdings Limited 31 SUM.NZ	0.54	Dec. 31, 2023	USD 7.11	0.74%	New Zealand
32	Scott Technology Limited 32 SCT.NZ	0.52	Aug. 31, 2024	USD 1.28	4.45%	New Zealand
33	Goodman Property Trust 33 GMT.NZ	0.49	March 31, 2024	USD 1.17	1.81%	New Zealand
34	Property For Industry Limited 34 PFI.NZ	0.48	Dec. 31, 2023	USD 1.22	0.35%	New Zealand
35	Mercury NZ Limited 35 MCY.NZ	0.40	June 30, 2024	USD 3.34	2.40%	New Zealand
36	Manawa Energy Limited 36 MNW.NZ	0.38	March 31, 2024	USD 3.25	1.22%	New Zealand
37	AFT Pharmaceuticals Limited 37 AFT.NZ	0.37	March 31, 2024	USD 1.65	-0.66%	New Zealand
38	Sanford Limited 38 SAN.NZ	0.36	Sept. 30, 2023	USD 2.46	2.20%	New Zealand
39	The Colonial Motor Company Limited 39 CMO.NZ	0.35	June 30, 2024	USD 3.61	1.13%	New Zealand
40	Scales Corporation Limited 40 SCL.NZ	0.32	Dec. 31, 2023	USD 2.31	1.57%	New Zealand
41	Auckland International Airport Limited 41 AIA.NZ	0.31	June 30, 2024	USD 4.73	0.35%	New Zealand
42	Skellerup Holdings Limited 42 SKL.NZ	0.27	June 30, 2024	USD 2.86	0.94%	New Zealand
43	Napier Port Holdings Limited 43 NPH.NZ	0.26	Sept. 30, 2024	USD 1.46	1.91%	New Zealand
44	Port of Tauranga Limited 44 POT.NZ	0.24	June 30, 2024	USD 3.56	0.66%	New Zealand
45	Vista Group International Limited 45 VGL.NZ	0.23	Dec. 31, 2023	USD 1.74	-1.24%	New Zealand
46	Meridian Energy Limited 46 MEL.NZ	0.17	June 30, 2024	USD 3.28	-1.34%	New Zealand
47	Winton Land Limited 47 WIN.NZ	0.16	June 30, 2024	USD 1.10	1.91%	New Zealand
48	EROAD Limited 48 ERD.NZ	0.14	March 31, 2024	USD 0.61	3.19%	New Zealand
49	Fisher & Paykel Healthcare Corporation Limited 49 FPH.NZ	0.11	March 31, 2024	USD 21.45	2.32%	New Zealand
50	Gentrack Group Limited 50 GTK.NZ	0.10	Sept. 30, 2023	USD 6.56	-0.34%	New Zealand

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Frequently Asked Questions

Which company in New Zealand has the highest Debt to Equity Ratio ?

The company in New Zealand with the highest Debt to Equity Ratio is Vulcan Steel Limited (NZSE: VSL.NZ) at 3.43.
Which company in New Zealand has the lowest Debt to Equity Ratio ?

The company in New Zealand with the lowest Debt to Equity Ratio is Serko Limited (NZSE: SKO.NZ) at 0.02.

What are the top 10 companies in New Zealand by Debt to Equity Ratio ?

The top 10 companies in New Zealand by Debt to Equity Ratio are Vulcan Steel Limited, Restaurant Brands New Zealand Limited, Chorus Limited, The Warehouse Group Limited, Turners Automotive Group Limited, Spark New Zealand Limited, Third Age Health Services Limited, Infratil Limited, Fletcher Building Limited and Tourism Holdings Limited.
What are the bottom 10 companies in New Zealand by Debt to Equity Ratio ?

The bottom 10 companies in New Zealand by Debt to Equity Ratio are Serko Limited, The a2 Milk Company Limited, SKY Network Television Limited, Millennium & Copthorne Hotels New Zealand Limited, Tower Limited, Gentrack Group Limited, Fisher & Paykel Healthcare Corporation Limited, EROAD Limited, Winton Land Limited and Meridian Energy Limited.