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Premier American Uranium (TSXV:PUR) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)


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What is Premier American Uranium 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. Premier American Uranium's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Premier American Uranium's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Dec. 2023 (0.03). It may suggest that Premier American Uranium is progressively becoming more dependent on debt to grow their business.


Premier American Uranium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Premier American Uranium'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.

* Premium members only.

Premier American Uranium LT-Debt-to-Total-Asset Chart

Premier American Uranium Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
- 0.03

Premier American Uranium Quarterly Data
Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - - - - 0.03

Premier American Uranium LT-Debt-to-Total-Asset Calculation

Premier American Uranium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0.233/6.787
=

Premier American Uranium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0.233/6.787
=

* 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.


Premier American Uranium  (TSXV:PUR) 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.


Premier American Uranium LT-Debt-to-Total-Asset Related Terms

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Premier American Uranium (TSXV:PUR) Business Description

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Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Premier American Uranium Inc a subsidiary of Consolidated Uranium Inc., is focused on the consolidation, exploration, and development of uranium projects in the United States. One of PUR's key strengths lie in the agreements it has to acquire extensive land holdings in two prominent uranium-producing regions in the United States: the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado.

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