Moscow City Telephone Network PJSC (MIC:MGTSP) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is Moscow City Telephone Network PJSC 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. Moscow City Telephone Network PJSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Moscow City Telephone Network PJSC's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.06). It may suggest that Moscow City Telephone Network PJSC is progressively becoming less dependent on debt to grow their business.

Moscow City Telephone Network PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Moscow City Telephone Network PJSC'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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Moscow City Telephone Network PJSC LT-Debt-to-Total-Asset Chart

Moscow City Telephone Network PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.12

0.10

0.07

0.06

Moscow City Telephone Network PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.07	0.07	0.06

Moscow City Telephone Network PJSC LT-Debt-to-Total-Asset Calculation

Moscow City Telephone Network PJSC'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 )
	=	10110	/	165213
	=	0.06

Moscow City Telephone Network PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	10110	/	165213
	=	0.06

Moscow City Telephone Network PJSC (MIC:MGTSP) 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.

Moscow City Telephone Network PJSC LT-Debt-to-Total-Asset Related Terms

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Moscow City Telephone Network PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Moscow City Telephone Network PJSC (MIC:MGTSP) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

No. 12, Building 3, Petrovsky Boulevard, Moscow, RUS, 127994

Website

http://www.mgts.ru

Moscow City Telephone Network PJSC provides fixed telephone services, Internet access, virtual private networks (VPN), digital television for more than 5,000 government agencies.

Moscow City Telephone Network PJSC Headlines

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