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Altius Minerals (Altius Minerals) Debt-to-Revenue : 2.04 (As of Dec. 2023)


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What is Altius Minerals Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Altius Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.96 Mil. Altius Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $77.65 Mil. Altius Minerals's annualized Revenue for the quarter that ended in Dec. 2023 was $41.07 Mil. Altius Minerals's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 2.04.


Altius Minerals Debt-to-Revenue Historical Data

The historical data trend for Altius Minerals's Debt-to-Revenue 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.

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Altius Minerals Debt-to-Revenue Chart

Altius Minerals Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.22 1.42 1.19 1.63

Altius Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 1.40 1.31 1.68 1.92 2.04

Competitive Comparison of Altius Minerals's Debt-to-Revenue

For the Other Industrial Metals & Mining subindustry, Altius Minerals's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Altius Minerals's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Altius Minerals's Debt-to-Revenue falls into.



Altius Minerals Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Altius Minerals's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5.963 + 77.648) / 51.216
=1.63

Altius Minerals's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(5.963 + 77.648) / 41.068
=2.04

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Altius Minerals Debt-to-Revenue Related Terms

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Altius Minerals (Altius Minerals) Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.