Resource Capital Gold (Resource Capital Gold) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2018)

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What is Resource Capital Gold 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. Resource Capital Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.01.

Resource Capital Gold's long-term debt to total assets ratio declined from Sep. 2017 (0.01) to Sep. 2018 (0.01). It may suggest that Resource Capital Gold is progressively becoming less dependent on debt to grow their business.

Resource Capital Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Resource Capital Gold'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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Resource Capital Gold LT-Debt-to-Total-Asset Chart

Resource Capital Gold Annual Data

Trend

Apr09

Apr10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

LT-Debt-to-Total-Asset

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0.02

0.01

Resource Capital Gold Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.13	0.12	0.01	0.01

Resource Capital Gold LT-Debt-to-Total-Asset Calculation

Resource Capital Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (A: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2018 )	/	Total Assets (A: Jun. 2018 )
	=	0.199	/	25.21
	=

Resource Capital Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )	/	Total Assets (Q: Sep. 2018 )
	=	0.134	/	25.224
	=

Resource Capital Gold (OTCPK:GDPEF) 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.

Resource Capital Gold LT-Debt-to-Total-Asset Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Capital Gold Corp (OTCPK:GDPEF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rcgcorp.ca

Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire • 03-16-2018

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire • 11-03-2018

Resource Capital Gold Corp Announces Filing For Stay Of Proceedings On Creditors

By GlobeNewswire GlobeNewswire • 01-30-2019