Hawkeye Gold & Diamond (Hawkeye Gold & Diamond) LT-Debt-to-Total-Asset : 0.37 (As of Feb. 2024)

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What is Hawkeye Gold & Diamond 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. Hawkeye Gold & Diamond's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.37.

Hawkeye Gold & Diamond's long-term debt to total assets ratio increased from Feb. 2023 (0.04) to Feb. 2024 (0.37). It may suggest that Hawkeye Gold & Diamond is progressively becoming more dependent on debt to grow their business.

Hawkeye Gold & Diamond LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hawkeye Gold & Diamond'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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Hawkeye Gold & Diamond LT-Debt-to-Total-Asset Chart

Hawkeye Gold & Diamond Annual Data

Trend

May14

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May23

LT-Debt-to-Total-Asset

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0.02

Hawkeye Gold & Diamond 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															0.04	-	-	0.36	0.37

Hawkeye Gold & Diamond LT-Debt-to-Total-Asset Calculation

Hawkeye Gold & Diamond's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

LT Debt to Total Assets (A: May. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2023 )	/	Total Assets (A: May. 2023 )
	=	0	/	0.36
	=

Hawkeye Gold & Diamond'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 )
	=	0.03	/	0.082
	=

Hawkeye Gold & Diamond (OTCPK:HWKDF) 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.

Hawkeye Gold & Diamond LT-Debt-to-Total-Asset Related Terms

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Hawkeye Gold & Diamond (Hawkeye Gold & Diamond) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hawkeye Gold & Diamond Inc (OTCPK:HWKDF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

HGT0:Germany HAWK:Canada

Address

1985 Alberni Street, M 202, Vancouver, BC, CAN, V6G 0A2

Website

https://www.hawkeyegold.com

Hawkeye Gold & Diamond Inc is an exploration stage company. It is engaged in the business of exploration for and the development of natural resources in Canada. The company's properties consists of Barkeville, BC Golden Triangle and Bonanza Property.