Red Eagle Mining (TSX:R) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2018)

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What is Red Eagle Mining 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. Red Eagle Mining's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.00.

Red Eagle Mining's long-term debt to total assets ratio stayed the same from Jun. 2017 (0.00) to Jun. 2018 (0.00).

Red Eagle Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Red Eagle Mining'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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Red Eagle Mining LT-Debt-to-Total-Asset Chart

Red Eagle Mining Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.31

0.39

0.34

Red Eagle Mining Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.38	0.34	0.33	-

Red Eagle Mining LT-Debt-to-Total-Asset Calculation

Red Eagle Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	72.704	/	211.098
	=

Red Eagle Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )	/	Total Assets (Q: Jun. 2018 )
	=	0	/	151.22
	=

Red Eagle Mining (TSX:R) 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.

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Red Eagle Mining (TSX:R) Business Description

Industry

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N/A

Address

666 Burrard Street, Suite 2348, Vancouver, BC, CAN, V6C 2X8

Website

http://www.redeaglemining.com

Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.