Symbol Mining (ASX:SL1) Debt-to-Asset : 7.71 (As of Jun. 2020)

View and export this data going back to 2013. Start your Free Trial

What is Symbol Mining Debt-to-Asset?

Symbol Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was A$0.54 Mil. Symbol Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was A$0.00 Mil. Symbol Mining's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2020 was A$0.07 Mil. Symbol Mining's debt to asset for the quarter that ended in Jun. 2020 was 7.71.

Symbol Mining Debt-to-Asset Historical Data

The historical data trend for Symbol Mining'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.

Symbol Mining Debt-to-Asset Chart

Symbol Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Asset

Get a 7-Day Free Trial

0.37

20.23

Symbol Mining Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Debt-to-Asset	Get a 7-Day Free Trial										-	0.37	3.73	20.23	7.71

Competitive Comparison of Symbol Mining's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Symbol 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.

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

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

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

Symbol Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Symbol Mining's Debt-to-Asset for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.445	+	0)	/	0.022
	=	20.23

Symbol Mining's Debt-to-Asset for the quarter that ended in Jun. 2020 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.54	+	0)	/	0.07
	=	7.71

Symbol Mining (ASX:SL1) 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.

Symbol Mining Debt-to-Asset Related Terms

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

Symbol Mining (ASX:SL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Symbol Mining Ltd (ASX:SL1) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

331-335 Hay Street, Unit 6, Subiaco, WA, AUS, 6000

Website

http://www.symbolmining.com.au

Symbol Mining Ltd is a mineral exploration company. It is focused on the development and commercialization of high margin, high-grade base metals projects. The company's project profile includes Imperial Project and Tawny Project. The Imperial Project consists of three exploration licenses and three small-scale mining leases, covering approximately 510km2. The Tawny Project is located approximately 150km east/southeast of the capital Abuja in the state of Nasawarra.

Symbol Mining (ASX:SL1) Headlines

No Headlines