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Pacific Net Co (TSE:3021) LT-Debt-to-Total-Asset : 0.36 (As of Nov. 2024)


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What is Pacific Net 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. Pacific Net Co's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.36.

Pacific Net Co's long-term debt to total assets ratio declined from Aug. 2023 (0.36) to Nov. 2024 (0.36). It may suggest that Pacific Net Co is progressively becoming less dependent on debt to grow their business.


Pacific Net Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pacific Net 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.

* Premium members only.

Pacific Net Co LT-Debt-to-Total-Asset Chart

Pacific Net Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.23 0.27 0.31 0.40

Pacific Net Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 0.36 0.35 0.35 0.40 0.36

Pacific Net Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: May. 2024 )=Long-Term Debt & Capital Lease Obligation (A: May. 2024 )/Total Assets (A: May. 2024 )
=4150.447/10493.631
=0.40

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

LT Debt to Total Assets (Q: Nov. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )/Total Assets (Q: Nov. 2024 )
=3892.017/10742.282
=

* 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.


Pacific Net Co  (TSE:3021) 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.


Pacific Net Co LT-Debt-to-Total-Asset Related Terms

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Pacific Net Co Business Description

Traded in Other Exchanges
N/A
Address
5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.

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