Octava Minerals (ASX:OCT) Debt-to-Asset : 0.00 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Octava Minerals Debt-to-Asset?

Octava Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Octava Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Octava Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$5.40 Mil. Octava Minerals's debt to asset for the quarter that ended in Dec. 2023 was 0.00.

Octava Minerals Debt-to-Asset Historical Data

The historical data trend for Octava Minerals'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.

Octava Minerals Debt-to-Asset Chart

Octava Minerals Annual Data

Trend

Jun23

Debt-to-Asset

Octava Minerals Semi-Annual Data
	Dec21	Jun22	Jun23	Dec23
Debt-to-Asset	-	-	-	-

Competitive Comparison of Octava Minerals's Debt-to-Asset

For the Other Precious Metals & Mining subindustry, Octava Minerals'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.

Octava Minerals's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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

Octava Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Octava Minerals'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	+	0)	/	5.842
	=	0.00

Octava Minerals'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	+	0)	/	5.401
	=	0.00

Octava Minerals (ASX:OCT) 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.

Octava Minerals Debt-to-Asset Related Terms

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

Octava Minerals (ASX:OCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Octava Minerals Ltd (ASX:OCT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

234 Churchill Avenue, Suite 1, Subiaco, WA, AUS, 6008

Website

https://www.octavaminerals.com

Octava Minerals Ltd is an exploration and resource development company. It focuses on the exploration of lithium, gold, Platinum Group Metals, and nickel at its mining tenements in Western Australia. The project portfolio comprises three main Project areas: - East Pilbara Talga; East Kimberley: and the Yallalong project.

Octava Minerals (ASX:OCT) Headlines

No Headlines