ARSMF (Ares Strategic Mining) Debt-to-Asset : 0.57 (As of Dec. 2024)

Ares Strategic Mining Debt-to-Asset Chart

Ares Strategic Mining Annual Data
	Trend	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23	Sep24
Debt-to-Asset		Get a 7-Day Free Trial					0.01	0.16	0.02	0.38	0.55

Ares Strategic Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.60	0.60	0.56	0.55	0.57

Competitive Comparison of Ares Strategic Mining's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Ares Strategic Mining's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ares Strategic Mining's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ares Strategic Mining's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ares Strategic Mining's Debt-to-Asset falls into.

Ares Strategic Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ares Strategic Mining's Debt-to-Asset for the fiscal year that ended in Sep. 2024 is calculated as

Ares Strategic Mining's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

* 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.

Ares Strategic Mining  (OTCPK:ARSMF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Ares Strategic Mining Debt-to-Asset Related Terms

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Ares Strategic Mining Business Description