Mongolian Mining (Mongolian Mining) Debt-to-Asset : 0.11 (As of Dec. 2023)

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What is Mongolian Mining Debt-to-Asset?

Mongolian Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Mongolian Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $214 Mil. Mongolian Mining's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $2,008 Mil. Mongolian Mining's debt to asset for the quarter that ended in Dec. 2023 was 0.11.

Mongolian Mining Debt-to-Asset Historical Data

The historical data trend for Mongolian Mining's Debt-to-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.

Mongolian Mining Debt-to-Asset Chart

Mongolian Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.26

0.24

0.21

0.11

Mongolian Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.24	0.24	0.21	0.17	0.11

Competitive Comparison of Mongolian Mining's Debt-to-Asset

For the Coking Coal subindustry, Mongolian Mining's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mongolian Mining's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolian Mining's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Mongolian Mining's Debt-to-Asset falls into.

Mongolian Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mongolian Mining's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	213.993)	/	2008.441
	=	0.11

Mongolian Mining's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	213.993)	/	2008.441
	=	0.11

Mongolian Mining (OTCPK:MOGLF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Mongolian Mining Debt-to-Asset Related Terms

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

Mongolian Mining (Mongolian Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolian Mining Corp (OTCPK:MOGLF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

00975:Hong Kong 29X2:Germany

Address

Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200

Website

https://www.mmc.mn

Mongolian Mining Corp, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in the Umnugobi aimag, Mongolia. The company generates revenue from the sale of Washed hard-coking coal, Washed semi-soft coking coal, Washed thermal coal, and Raw thermal coal. The majority of the revenue is generated from the sale of Washed hard-coking coal. China accounts for the majority of the sale of its products.

Mongolian Mining (Mongolian Mining) Headlines

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