Elixir Energy (Elixir Energy) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Elixir Energy 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. Elixir Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Elixir Energy's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Elixir Energy is progressively becoming less dependent on debt to grow their business.

Elixir Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Elixir Energy'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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Elixir Energy LT-Debt-to-Total-Asset Chart

Elixir Energy Annual Data

Trend

Jun14

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Jun23

LT-Debt-to-Total-Asset

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Elixir Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Elixir Energy LT-Debt-to-Total-Asset Calculation

Elixir Energy'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 )
	=	0.025	/	29.083
	=

Elixir Energy'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 )
	=	0.02	/	40.292
	=

Elixir Energy (OTCPK:ELXPF) 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.

Elixir Energy LT-Debt-to-Total-Asset Related Terms

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Elixir Energy (Elixir Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Elixir Energy Ltd (OTCPK:ELXPF) » Definitions » LT-Debt-to-Total-Asset

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EXR:Australia

Address

60 Hindmarsh Square, 3B, Level 3, Adelaide, SA, AUS, 5000

Website

https://www.elixirenergy.com.au

Elixir Energy Ltd is an exploration and development company. It is focused on exploring coal bed methane in Mongolia. The company reports in five segments based on its geographical location: Oil and Gas exploration in Australia, Mongolia, and the United States of America, and clean energy Mongolia, and Solar project in Mongolia. The company's exploration project includes Mongolia Nomgon IX CSG PSC.