NONEY (Net One Systems Co) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is Net One Systems Co 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. Net One Systems Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Net One Systems Co's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.10). It may suggest that Net One Systems Co is progressively becoming less dependent on debt to grow their business.

Net One Systems Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Net One Systems Co'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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Net One Systems Co LT-Debt-to-Total-Asset Chart

Net One Systems Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.08

0.10

0.09

0.10

0.11

Net One Systems Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	-	0.10

Net One Systems Co LT-Debt-to-Total-Asset Calculation

Net One Systems Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	124.738	/	1100.724
	=	0.11

Net One Systems Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	113.414	/	1169.278
	=	0.10

Net One Systems Co (OTCPK:NONEY) 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.

Net One Systems Co LT-Debt-to-Total-Asset Related Terms

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Net One Systems Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Net One Systems Co Ltd (OTCPK:NONEY) » Definitions » LT-Debt-to-Total-Asset

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NONEF:USA 7518:Japan

Address

2-7-2 Marunouchi, JP Tower, Chiyoda-ku, Tokyo, JPN, 100-7024

Website

http://www.netone.co.jp

Net One Systems Co Ltd provides and sells a variety of telecom and information technology, or IT, products and services. The company organizes its products and services into three segments based on product and service type. The network products segment, which generates the most revenue of any segment, operates telecom networks. The segment also provides broadband network integration for telecom operators. The platform products segment sells cloud-based IT products. The service segment provides network design, installation, and maintenance services.