High-Tech Metals (ASX:HTM) Debt-to-Asset : 0.03 (As of Dec. 2023)

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What is High-Tech Metals Debt-to-Asset?

High-Tech Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. High-Tech Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.08 Mil. High-Tech Metals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$4.50 Mil. High-Tech Metals's debt to asset for the quarter that ended in Dec. 2023 was 0.03.

High-Tech Metals Debt-to-Asset Historical Data

The historical data trend for High-Tech Metals's Debt-to-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.

High-Tech Metals Debt-to-Asset Chart

High-Tech Metals Annual Data

Trend

Jun23

Jun24

Debt-to-Asset

0.04

0.03

High-Tech Metals Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	-	0.04	0.03	0.03

Competitive Comparison of High-Tech Metals's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, High-Tech Metals'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.

High-Tech Metals's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where High-Tech Metals's Debt-to-Asset falls into.

High-Tech Metals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

High-Tech Metals's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.062	+	0.114)	/	4.852
	=	0.04

High-Tech Metals's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.064	+	0.081)	/	4.5
	=	0.03

High-Tech Metals (ASX:HTM) 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.

High-Tech Metals Debt-to-Asset Related Terms

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

High-Tech Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » High-Tech Metals Ltd (ASX:HTM) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Townshend Road, Subiaco, WA, AUS, 6009

Website

https://www.hightechmetals.com.au

High-Tech Metals Ltd is engaged in the exploration and development of mineral resource properties, It holds Werner Lake Project, a cobalt project located in north-western Ontario, Canada, within the Kenora Mining District.

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