Bushveld Minerals (LSE:BMN) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2023)

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What is Bushveld 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. Bushveld Minerals's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.19.

Bushveld Minerals's long-term debt to total assets ratio declined from Jun. 2022 (0.25) to Jun. 2023 (0.19). It may suggest that Bushveld Minerals is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Bushveld 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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Bushveld Minerals LT-Debt-to-Total-Asset Chart

Bushveld Minerals Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.14

0.24

0.25

0.16

Bushveld Minerals Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.25	0.25	0.16	0.19

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

Bushveld Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	34.476	/	219.69
	=	0.16

Bushveld Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	34.787	/	185.65
	=	0.19

Bushveld Minerals (LSE:BMN) 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.

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

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Bushveld Minerals (LSE:BMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bushveld Minerals Ltd (LSE:BMN) » Definitions » LT-Debt-to-Total-Asset

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BSHVF:USA 23U:Germany

Address

9 Harries Road, Illovo, 2nd Floor, Building 3, Illovo Edge Office Park, Johannesburg, GT, ZAF, 2116

Website

https://www.bushveldminerals.com

Bushveld Minerals Ltd is a low-cost, vertically integrated primary vanadium producer. Bushveld offers a compelling exposure to vanadium because it operates across both the upstream and downstream value chains through Bushveld Vanadium and Bushveld Energy. The company participates in the entire vanadium value chain through its three main pillars: vanadium mining and production, which consists of the Vametco and Vanchem operations; energy and mineral exploration activities for vanadium and coal exploration (together "Exploration"). Activities take place in South Africa (iron ore, vanadium and energy), Madagascar (coal), other African countries (energy project development) and global (battery investment, vanadium sales).

Bushveld Minerals (LSE:BMN) Headlines

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