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Laramide Resources (ASX:LAM) Debt-to-Asset : 0.04 (As of Mar. 2024)


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What is Laramide Resources Debt-to-Asset?

Laramide Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was A$4.99 Mil. Laramide Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was A$0.07 Mil. Laramide Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was A$123.93 Mil. Laramide Resources's debt to asset for the quarter that ended in Mar. 2024 was 0.04.


Laramide Resources Debt-to-Asset Historical Data

The historical data trend for Laramide Resources'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.

Laramide Resources Debt-to-Asset Chart

Laramide Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.08 0.07 0.06 0.04

Laramide Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Laramide Resources's Debt-to-Asset

For the Uranium subindustry, Laramide Resources'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.


Laramide Resources's Debt-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Laramide Resources's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Laramide Resources's Debt-to-Asset falls into.



Laramide Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Laramide Resources's Debt-to-Asset for the fiscal year 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
=(0.174 + 4.647) / 122.055
=0.04

Laramide Resources's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(4.991 + 0.071) / 123.932
=0.04

* 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.


Laramide Resources  (ASX:LAM) 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.


Laramide Resources Debt-to-Asset Related Terms

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Laramide Resources (ASX:LAM) Business Description

Traded in Other Exchanges
Address
130 King Street West, The Exchange Tower, Suite 3680, Box 99, Toronto, ON, CAN, M5X 1B1
Laramide Resources Ltd is a Canadian company engaged in the exploration and development of high-quality uranium assets based in Australia and the United States. The company's project includes Churchrock and ISR, New Mexico; La Sal, Utah; La Jara Mesa; Westmoreland, Australia, and Murphy Project.

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