Newfoundland Discovery (XCNQ:NEWD) LT-Debt-to-Total-Asset : 0.00 (As of Jan. 2024)

View and export this data going back to 1978. Start your Free Trial

What is Newfoundland Discovery 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. Newfoundland Discovery's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.00.

Newfoundland Discovery's long-term debt to total assets ratio stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00).

Newfoundland Discovery LT-Debt-to-Total-Asset Historical Data

The historical data trend for Newfoundland Discovery'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.

Newfoundland Discovery LT-Debt-to-Total-Asset Chart

Newfoundland Discovery Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Newfoundland Discovery Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Newfoundland Discovery LT-Debt-to-Total-Asset Calculation

Newfoundland Discovery's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	0	/	14.103
	=

Newfoundland Discovery's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	0	/	11.401
	=

Newfoundland Discovery (XCNQ:NEWD) 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.

Newfoundland Discovery LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Newfoundland Discovery's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Newfoundland Discovery (XCNQ:NEWD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newfoundland Discovery Corp (XCNQ:NEWD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NEWDF:USA M4K:Germany

Address

838 West Hastings Street,, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://newfoundlanddiscovery.ca

Newfoundland Discovery Corp is a junior mining exploration company. Its projects include the Grup Property, Bursey Property, Rodger's Cove Property, Johnathan's Pond Properties, Eastern Point Property, Wigwam Property, Goldson Gold Property, and the Southwest Pond Gold Property in Newfoundland; the Northbound Property, Northbound Extension, Southern Star Property, Valentine Mountain Property, Bouvier Property and the Chubb Lithium Property in Quebec.

Newfoundland Discovery (XCNQ:NEWD) Headlines

No Headlines