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ELKMF (Gold Road Resources) Debt-to-Asset : 0.11 (As of Jun. 2024)


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What is Gold Road Resources Debt-to-Asset?

Gold Road Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $8.7 Mil. Gold Road Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $73.4 Mil. Gold Road Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $767.4 Mil. Gold Road Resources's debt to asset for the quarter that ended in Jun. 2024 was 0.11.


Gold Road Resources Debt-to-Asset Historical Data

The historical data trend for Gold Road 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.

Gold Road Resources Debt-to-Asset Chart

Gold Road Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.19 0.18 0.12 0.11

Gold Road Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.01 0.12 0.11 0.11 0.11

Competitive Comparison of Gold Road Resources's Debt-to-Asset

For the Gold subindustry, Gold Road 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.


Gold Road Resources's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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



Gold Road Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gold Road 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
=(9.236 + 76.858) / 788.656
=0.11

Gold Road Resources's Debt-to-Asset for the quarter that ended in Jun. 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
=(8.671 + 73.396) / 767.445
=0.11

* 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.


Gold Road Resources  (OTCPK:ELKMF) 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.


Gold Road Resources Debt-to-Asset Related Terms

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


Gold Road Resources Business Description

Traded in Other Exchanges
Address
26 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Gold Road Resources Ltd together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company operates in three reportable segments that are Operations, Exploration, and Unallocated, out of which the majority of the revenue is generated from the Operations segment.