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DG-Net (WAR:DGN) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)


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What is DG-Net 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. DG-Net's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

DG-Net's long-term debt to total assets ratio declined from Dec. 2022 (0.28) to Mar. 2024 (0.20). It may suggest that DG-Net is progressively becoming less dependent on debt to grow their business.


DG-Net LT-Debt-to-Total-Asset Historical Data

The historical data trend for DG-Net'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.

DG-Net LT-Debt-to-Total-Asset Chart

DG-Net Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.46 0.36 0.24 0.28 0.21

DG-Net Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 0.28 0.27 0.23 0.21 0.20

DG-Net LT-Debt-to-Total-Asset Calculation

DG-Net's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=1.83/8.861
=0.21

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1.744/8.885
=0.20

* 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.


DG-Net  (WAR:DGN) 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.


DG-Net LT-Debt-to-Total-Asset Related Terms

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DG-Net (WAR:DGN) Business Description

Traded in Other Exchanges
N/A
Address
Aleje Jerozolimskie 96, Warsaw, POL, 00-807
DG-Net SA is engaged in the provision of telecommunications services, including primarily fiber-optic Internet access. The company offers technological solutions in the field of connection to the infrastructure, partly based on its fiber-optic network, using the lease of the central network. Its brands include Fibo and DG-Net Biznes.

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