Sky Network Television (Sky Network Television) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Sky Network Television 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. Sky Network Television's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Sky Network Television's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.02). It may suggest that Sky Network Television is progressively becoming less dependent on debt to grow their business.

Sky Network Television LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sky Network Television'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.

* Premium members only.

Sky Network Television LT-Debt-to-Total-Asset Chart

Sky Network Television Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.09

0.05

0.03

Sky Network Television Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.03	0.03	0.02

Sky Network Television LT-Debt-to-Total-Asset Calculation

Sky Network Television'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 )
	=	14.508	/	423.42
	=	0.03

Sky Network Television'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 )
	=	9.365	/	415.286
	=	0.02

Sky Network Television (OTCPK:SYKWF) 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.

Sky Network Television LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Sky Network Television's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Network Television (Sky Network Television) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sky Network Television Ltd (OTCPK:SYKWF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SKT:New Zealand SKT:Australia

Address

10 Panorama Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.sky.co.nz

Sky Network Television is the monopoly satellite pay-TV service provider in New Zealand, and distributes local and overseas content to its customers through a digital satellite network. It generates subscription and content revenue from these customers. This business is augmented by a free-to-air television channel (Prime) and expansion into other distribution channels such as online video on demand and online access to live sports.

Sky Network Television (Sky Network Television) Headlines

From GuruFocus

David Herro Comments on SKY Network Television

By Holly LaFon Holly LaFon • 04-10-2017