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Tower One Wireless (Tower One Wireless) Debt-to-Asset : 0.69 (As of Sep. 2022)


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What is Tower One Wireless Debt-to-Asset?

Tower One Wireless's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $9.47 Mil. Tower One Wireless's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $11.97 Mil. Tower One Wireless's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2022 was $31.10 Mil. Tower One Wireless's debt to asset for the quarter that ended in Sep. 2022 was 0.69.


Tower One Wireless Debt-to-Asset Historical Data

The historical data trend for Tower One Wireless'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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Tower One Wireless Debt-to-Asset Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.65 0.66 0.99 0.92

Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.92 0.85 0.91 0.69

Competitive Comparison of Tower One Wireless's Debt-to-Asset

For the Telecom Services subindustry, Tower One Wireless'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.


Tower One Wireless's Debt-to-Asset Distribution in the Telecommunication Services Industry

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

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



Tower One Wireless Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tower One Wireless's Debt-to-Asset for the fiscal year that ended in Dec. 2021 is calculated as

Tower One Wireless's Debt-to-Asset for the quarter that ended in Sep. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(9.467 + 11.971) / 31.102
=0.69

* 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.


Tower One Wireless  (OTCPK:TOWTF) 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.


Tower One Wireless Debt-to-Asset Related Terms

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Tower One Wireless (Tower One Wireless) Business Description

Traded in Other Exchanges
N/A
Address
535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company which is a tower owner, operator, and developer of multitenant communications structures. Its primary business is the leasing of space on communications sites to mobile network operators. The company's geographical segments include Argentina; Colombia; Mexico; the United States of America and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the company's site leasing business, including the addition of new tenants and equipment on its sites.