Pentanet (ASX:5GG) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2024)

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What is Pentanet LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Pentanet's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

Pentanet's long-term debt to total assets ratio increased from Jun. 2023 (0.10) to Jun. 2024 (0.13). It may suggest that Pentanet is progressively becoming more dependent on debt to grow their business.

Pentanet LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pentanet's LT-Debt-to-Total-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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Pentanet LT-Debt-to-Total-Asset Chart

Pentanet Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.04

0.02

0.03

0.10

0.13

Pentanet Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.03	0.12	0.10	0.16	0.13

Pentanet LT-Debt-to-Total-Asset Calculation

Pentanet's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	5.262	/	41.581
	=	0.13

Pentanet's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	5.262	/	41.581
	=	0.13

Pentanet (ASX:5GG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Pentanet LT-Debt-to-Total-Asset Related Terms

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Pentanet Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Pentanet Ltd (ASX:5GG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

257 Balcatta Road, Suite 25, Balcatta, WA, AUS, 6021

Website

https://www.pentanet.com.au

Pentanet Ltd is a licensed telecommunications carrier and internet service provider (ISP), delivering high-speed internet services via its fixed-wireless network and other fixed-line networks. The company provides a range of services for residential, commercial, and enterprise customers. It operates in two segments namely Telecommunications and related services, and Gaming and technology services within Australia. The company generates maximum revenue from the Telecommunications services segment.

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