MNDR (Mobile-health Network Solutions) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

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What is Mobile-health Network Solutions 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. Mobile-health Network Solutions's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Mobile-health Network Solutions's long-term debt to total assets ratio declined from Jun. 2023 (0.07) to Jun. 2024 (0.02). It may suggest that Mobile-health Network Solutions is progressively becoming less dependent on debt to grow their business.

Mobile-health Network Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mobile-health Network Solutions'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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Mobile-health Network Solutions LT-Debt-to-Total-Asset Chart

Mobile-health Network Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.05

0.07

0.02

Mobile-health Network Solutions Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.01	0.07	0.06	0.02

Mobile-health Network Solutions LT-Debt-to-Total-Asset Calculation

Mobile-health Network Solutions'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 )
	=	0.136	/	7.951
	=	0.02

Mobile-health Network Solutions'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 )
	=	0.136	/	7.951
	=	0.02

Mobile-health Network Solutions (NAS:MNDR) 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.

Mobile-health Network Solutions LT-Debt-to-Total-Asset Related Terms

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Mobile-health Network Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mobile-health Network Solutions (NAS:MNDR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No. 07-06/07, Vision Exchange, Singapore, SGP, 608526

Website

https://www.manadr.com

Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. It provides services on its MaNaDr platform, which is accessible via mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users, equipped with services like consultations with doctors, e-commerce pharma store, and others. The company's operating segments are Telemedicine and other services which is also its key revenue generating segment, and Sale of medicine and medical devices. Geographically, it derives revenue from Singapore.