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Machten (Machten) Debt-to-Asset : 0.52 (As of Sep. 2023)


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What is Machten Debt-to-Asset?

Machten's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $15.08 Mil. Machten's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.64 Mil. Machten's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $30.00 Mil. Machten's debt to asset for the quarter that ended in Sep. 2023 was 0.52.


Machten Debt-to-Asset Historical Data

The historical data trend for Machten'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.

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Machten Debt-to-Asset Chart

Machten Annual Data
Trend
Debt-to-Asset

Machten Quarterly Data
Jun22 Sep22 Jun23 Sep23
Debt-to-Asset - - 0.03 0.52

Competitive Comparison of Machten's Debt-to-Asset

For the Telecom Services subindustry, Machten'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.


Machten's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Machten's Debt-to-Asset distribution charts can be found below:

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



Machten Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Machten's Debt-to-Asset for the fiscal year that ended in . 20 is calculated as

Machten's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(15.078 + 0.644) / 30.004
=0.52

* 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.


Machten  (OTCPK:MACT) 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.


Machten Debt-to-Asset Related Terms

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


Machten (Machten) Business Description

Traded in Other Exchanges
N/A
Address
1516 Barlow Street, Suite D, Traverse City, MI, USA, 49686
Website
Machten Inc is an integrated provider of voice, broadband, and internet access services. It provides high-speed broadband services, including internet access, through fiber optic facilities, copper-based DSL, fixed wireless facilities, and coaxial cable via cable modems.
Executives
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Ggcp Holdings Llc 10 percent owner 140 GREENWICH AVENUE, GREENWICH CT 06830
Lict Corp 10 percent owner 401 THEODORE FREMD AVE, RYE NY 10580
Patrick J Hansen director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Stephen J. Moore officer: Interim CFO C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Katherine Tansey director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Gary L Sugarman director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Philip J. Lombardo director C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Daniel M. Miller director, officer: Chief Executive Officer C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686

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