5G Networks (5G Networks) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2023)

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What is 5G Networks 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. 5G Networks's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.11.

5G Networks's long-term debt to total assets ratio increased from Dec. 2020 (0.09) to Jun. 2023 (0.11). It may suggest that 5G Networks is progressively becoming more dependent on debt to grow their business.

5G Networks LT-Debt-to-Total-Asset Historical Data

The historical data trend for 5G Networks'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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5G Networks LT-Debt-to-Total-Asset Chart

5G Networks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.23

0.07

0.09

0.29

0.11

5G Networks Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Jun22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.07	0.09	0.29	0.11

5G Networks LT-Debt-to-Total-Asset Calculation

5G Networks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	8.879	/	78.423
	=

5G Networks's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	8.879	/	78.423
	=

5G Networks (OTCPK:MLBEF) 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.

5G Networks LT-Debt-to-Total-Asset Related Terms

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5G Networks (5G Networks) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » 5G Networks Ltd (OTCPK:MLBEF) » Definitions » LT-Debt-to-Total-Asset

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5GN:Australia

Address

505 Little Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.webcentral.com.au

Webcentral Ltd is an Australia-based digital services company engaged in providing domain management, website development and hosting, office and productivity applications, and online marketing. The company's segment includes Data Centres, Networks and Cloud Applications; Managed Services and Webcentral. It generates maximum revenue from the Webcentral segment, which provides Webcentral domains, email, web hosting and digital marketing business.