Flagship Minerals (ASX:FLG) Debt-to-Asset : 0.07 (As of Dec. 2024)

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What is Flagship Minerals Debt-to-Asset?

Flagship Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$1.36 Mil. Flagship Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Flagship Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was A$20.88 Mil. Flagship Minerals's debt to asset for the quarter that ended in Dec. 2024 was 0.07.

Flagship Minerals Debt-to-Asset Historical Data

The historical data trend for Flagship 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.

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Flagship Minerals Debt-to-Asset Chart

Flagship Minerals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.01

0.07

Flagship Minerals Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial					0.01	0.01	-	-	0.07

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

For the Other Industrial Metals & Mining subindustry, Flagship 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.

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

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

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

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Flagship Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Flagship Minerals's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(1.358	+	0)	/	20.876
	=	0.07

Flagship Minerals's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(1.358	+	0)	/	20.876
	=	0.07

Flagship Minerals (ASX:FLG) 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.

Flagship Minerals Debt-to-Asset Related Terms

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Flagship Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

Silom Road, Level 23, 52 Thaniya Plaza, Zone B, Suriyawong, Bangkok, THA, 10500

Website

https://www.flagshipminerals.com

Flagship Minerals Ltd is a metal exploration and development company focused on securing and developing assets used for producing the critical resources required for electrification and low-carbon future. The company's portfolio include Rosario Copper Project, Tama Atacama Lithium, RK Lithium Projects, and others.