McLaren Resources (XCNQ:MCL) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is McLaren Resources 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. McLaren Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

McLaren Resources's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

McLaren Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for McLaren Resources'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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McLaren Resources LT-Debt-to-Total-Asset Chart

McLaren Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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McLaren Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

McLaren Resources LT-Debt-to-Total-Asset Calculation

McLaren Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	0	/	0.172
	=

McLaren Resources'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	/	0.053
	=

McLaren Resources (XCNQ:MCL) 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.

McLaren Resources LT-Debt-to-Total-Asset Related Terms

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McLaren Resources (XCNQ:MCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McLaren Resources Inc (XCNQ:MCL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

3ML:Germany

Address

44 Victoria Street, Suite 1616, Toronto, ON, CAN, M5C 1Y2

Website

http://www.mclarenresources.com

McLaren Resources Inc is engaged in the acquisition, exploration, and development of mineral resource properties. The company holds an interest in Blue Quartz gold property, Augdome property, McCool gold property and Kerrs.

Executives

Radovan Danilovsky

Senior Officer

McLaren Resources (XCNQ:MCL) Headlines

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