TOWTF (Tower One Wireless) LT-Debt-to-Total-Asset: 0.39 (As of Sep. 2022)


What is Tower One Wireless LT-Debt-to-Total-Asset?

Tower One Wireless TOWTF -99.98% LT-Debt-to-Total-Asset is 0.39 as of Sep. 2022.

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. Tower One Wireless's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.39.

Tower One Wireless's long-term debt to total assets ratio declined from Sep. 2021 (0.73) to Sep. 2022 (0.39). It may suggest that Tower One Wireless is progressively becoming less dependent on debt to grow their business.

Tower One Wireless  (OTCPK:TOWTF) 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.

Tower One Wireless LT-Debt-to-Total-Asset Related Terms

Tower One Wireless LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Tower One Wireless'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.

Tower One Wireless LT-Debt-to-Total-Asset Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.07 0.27 0.16 0.57

Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.57 0.51 0.46 0.39

Tower One Wireless LT-Debt-to-Total-Asset Calculation

Tower One Wireless's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=9.673/17.099
=0.57

Tower One Wireless's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=11.971/31.102
=0.38

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.39 mean?
Tower One Wireless (TOWTF) has a LT-Debt-to-Total-Asset of 0.39 as of Sep. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Tower One Wireless and its competitors.
Is Tower One Wireless' LT-Debt-to-Total-Asset too high?
Tower One Wireless' current LT-Debt-to-Total-Asset is 0.39.
How does Tower One Wireless' LT-Debt-to-Total-Asset compare to VZ and CMCSA?
Tower One Wireless' LT-Debt-to-Total-Asset of 0.39 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Telecommunication Services company?
A good LT-Debt-to-Total-Asset depends on the Telecommunication Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Tower One Wireless and its competitors. Tower One Wireless's current LT-Debt-to-Total-Asset is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower One Wireless stock overvalued right now?
Tower One Wireless (TOWTF) has a current LT-Debt-to-Total-Asset of 0.39. The current LT-Debt-to-Total-Asset is 0.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Tower One Wireless (TOWTF), the current LT-Debt-to-Total-Asset is 0.39 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tower One Wireless Business Description

Address 535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company that is a tower owner, operator, and developer of multitenant communications structures. Its primary business is leasing space on communication sites to mobile network operators. The company's geographical segments include Argentina, Colombia, Mexico, the United States of America, and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which supports the company's site leasing business, including the addition of new tenants and equipment on its sites.