Atomic Minerals (Atomic Minerals) LT-Debt-to-Total-Asset : 0.00 (As of Feb. 2024)

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What is Atomic Minerals 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. Atomic Minerals's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.00.

Atomic Minerals's long-term debt to total assets ratio declined from Feb. 2023 (0.10) to Feb. 2024 (0.00). It may suggest that Atomic Minerals is progressively becoming less dependent on debt to grow their business.

Atomic Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Atomic Minerals'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.

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Atomic Minerals LT-Debt-to-Total-Asset Chart

Atomic Minerals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

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0.02

Atomic Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	-	-	-	-

Atomic Minerals LT-Debt-to-Total-Asset Calculation

Atomic Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	0	/	0.757
	=

Atomic Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	0	/	0.93
	=

Atomic Minerals (OTCPK:ATMMF) 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.

Atomic Minerals LT-Debt-to-Total-Asset Related Terms

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Atomic Minerals (Atomic Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atomic Minerals Corp (OTCPK:ATMMF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ATOM:Canada

Address

830-1100 Melville Street, Vancouver, BC, CAN, V6E 4A6

Website

https://www.atomicminerals.ca

Atomic Minerals Corp is a uranium exploration company. Its properties include Gravity Jack Project and Lloyd Lake Project. The Company has one operating segment, which is mineral exploration. Geographically, it operates in Canada and USA.