Zegona Communications (LSE:ZEG) LT-Debt-to-Total-Asset : 0.62 (As of Jun. 2024)

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What is Zegona Communications 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. Zegona Communications's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.62.

Zegona Communications's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.62). It may suggest that Zegona Communications is progressively becoming more dependent on debt to grow their business.

Zegona Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zegona Communications'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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Zegona Communications LT-Debt-to-Total-Asset Chart

Zegona Communications Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

Zegona Communications Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													-	-	-	-	0.62

Zegona Communications LT-Debt-to-Total-Asset Calculation

Zegona Communications's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	1033.175
	=

Zegona Communications'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 )
	=	3953.094	/	6405.956
	=	0.62

Zegona Communications (LSE:ZEG) 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.

Zegona Communications LT-Debt-to-Total-Asset Related Terms

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Zegona Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Zegona Communications PLC (LSE:ZEG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZEGl:UK 1ZG:Germany

Address

8 Sackville Street, Mayfair, London, GBR, W1S 3DG

Website

https://www.zegona.com

Zegona Communications PLC is a United Kingdom-based holding company. The company is engaged in operating a network-based telecommunications business. It aims to utilize a Buy-Fix-Sell strategy. The company offers television, broadband internet, mobile telecommunications, and fixed-line telecommunications services to residential and business customers. It is organized into two segments, Central Cost, and Investment in Euskaltel.

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