Black Cat Syndicate (ASX:BC8) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Black Cat Syndicate 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. Black Cat Syndicate's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Black Cat Syndicate's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.09). It may suggest that Black Cat Syndicate is progressively becoming more dependent on debt to grow their business.

Black Cat Syndicate LT-Debt-to-Total-Asset Historical Data

The historical data trend for Black Cat Syndicate'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.

Black Cat Syndicate LT-Debt-to-Total-Asset Chart

Black Cat Syndicate Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

Black Cat Syndicate Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	-	-	0.04	0.09

Black Cat Syndicate LT-Debt-to-Total-Asset Calculation

Black Cat Syndicate's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	5	/	128.181
	=

Black Cat Syndicate's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	12.361	/	143.028
	=	0.09

Black Cat Syndicate (ASX:BC8) 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.

Black Cat Syndicate LT-Debt-to-Total-Asset Related Terms

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

Black Cat Syndicate (ASX:BC8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Cat Syndicate Ltd (ASX:BC8) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 Kings Park Road, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.blackcatsyndicate.com.au

Black Cat Syndicate Ltd is a mining company. It focuses on the exploration and development of the goldfield project. The company is engaged in the exploration and development of the Bulong Gold Field project located to the east of Kalgoorlie. The company has one reportable segment being mineral exploration. The company's project includes Kal East Gold project, Coyote Gold Operation, Paulsens Gold Operation.

Black Cat Syndicate (ASX:BC8) Headlines

No Headlines