Avocet Resources (FRA:U3O) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2013)

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What is Avocet Resources 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. Avocet Resources's long-term debt to total assests ratio for the quarter that ended in Jun. 2013 was 0.00.

Avocet Resources's long-term debt to total assets ratio declined from Jun. 2011 (0.01) to Jun. 2013 (0.00). It may suggest that Avocet Resources is progressively becoming less dependent on debt to grow their business.

Avocet Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avocet Resources'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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Avocet Resources LT-Debt-to-Total-Asset Chart

Avocet Resources Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

LT-Debt-to-Total-Asset

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0.01

Avocet Resources Quarterly Data
	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.01	-	-	-	-

Avocet Resources LT-Debt-to-Total-Asset Calculation

Avocet Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2012 is calculated as

LT Debt to Total Assets (A: Jun. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2012 )	/	Total Assets (A: Jun. 2012 )
	=	0.01	/	8.407
	=

Avocet Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (Q: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2013 )	/	Total Assets (Q: Jun. 2013 )
	=	0	/	34.333
	=

Avocet Resources (FRA:U3O) 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.

Avocet Resources LT-Debt-to-Total-Asset Related Terms

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Avocet Resources (FRA:U3O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avocet Resources Ltd (FRA:U3O) » Definitions » LT-Debt-to-Total-Asset

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N/A

Address

Website

http://www.U308.com.au

Avocet Resources Ltd is a uranium exploration company with projects in Western Australia, Queensland and South Australia. The Company holds a portfolio with 25 tenements in Western Australia, one in South Australia and a further five in Queensland.

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