Clarity Metals (Clarity Metals) Debt-to-Asset : 0.00 (As of Sep. 2023)

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What is Clarity Metals Debt-to-Asset?

Clarity Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Clarity Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Clarity Metals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $1.12 Mil. Clarity Metals's debt to asset for the quarter that ended in Sep. 2023 was 0.00.

Clarity Metals Debt-to-Asset Historical Data

The historical data trend for Clarity 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.

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Clarity Metals Debt-to-Asset Chart

Clarity Metals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

0.03

Clarity Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Clarity Metals's Debt-to-Asset

For the Gold subindustry, Clarity 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.

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

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

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

Clarity Metals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Clarity Metals's Debt-to-Asset for the fiscal year that ended in Dec. 2022 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)	/	1.943
	=	0.00

Clarity Metals's Debt-to-Asset for the quarter that ended in Sep. 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)	/	1.122
	=	0.00

Clarity Metals (OTCPK:CLGCF) 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.

Clarity Metals Debt-to-Asset Related Terms

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Clarity Metals (Clarity Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Clarity Metals Corp (OTCPK:CLGCF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

27G0:Germany CMET:Canada

Address

355 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 2G8

Website

https://www.claritygoldcorp.com

Clarity Metals Corp is a Canadian mineral exploration company. The company focuses on the acquisition, exploration, and development of gold projects in Canada.