Telstra Group (Telstra Group) Debt-to-Asset : 0.36 (As of Dec. 2023)

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What is Telstra Group Debt-to-Asset?

Telstra Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,737 Mil. Telstra Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,120 Mil. Telstra Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $30,481 Mil. Telstra Group's debt to asset for the quarter that ended in Dec. 2023 was 0.36.

Telstra Group Debt-to-Asset Historical Data

The historical data trend for Telstra Group'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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Telstra Group Debt-to-Asset Chart

Telstra Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

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0.41

0.43

0.41

0.34

0.35

Telstra Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.37	0.34	0.36	0.35	0.36

Competitive Comparison of Telstra Group's Debt-to-Asset

For the Telecom Services subindustry, Telstra Group'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.

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

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

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

Telstra Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Telstra Group's Debt-to-Asset for the fiscal year that ended in Jun. 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
	=	(2087.248	+	8561.074)	/	30220.805
	=	0.35

Telstra Group's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(1736.948	+	9119.813)	/	30480.589
	=	0.36

Telstra Group (OTCPK:TTRAF) 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.

Telstra Group Debt-to-Asset Related Terms

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Telstra Group (Telstra Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telstra Group Ltd (OTCPK:TTRAF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TLGPY:USA 5KBA:Germany TLS:Australia

Address

242 Exhibition Street, Level 41, Melbourne, VIC, AUS, 3000

Website

https://www.telstra.com.au

Telstra is Australia's biggest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.