Silver X Mining (FRA:AGX) Debt-to-Asset : 0.03 (As of Mar. 2024)

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What is Silver X Mining Debt-to-Asset?

Silver X Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.25 Mil. Silver X Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.14 Mil. Silver X Mining's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €48.54 Mil. Silver X Mining's debt to asset for the quarter that ended in Mar. 2024 was 0.03.

Silver X Mining Debt-to-Asset Historical Data

The historical data trend for Silver X 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.

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Silver X Mining Debt-to-Asset Chart

Silver X Mining Annual Data

Trend

Feb20

Feb21

Dec22

Dec23

Debt-to-Asset

0.04

0.03

Silver X Mining Quarterly Data
	May20	Aug20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial									0.04	0.03	0.03	0.03	0.03

Competitive Comparison of Silver X Mining's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Silver X 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.

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

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

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

Silver X Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Silver X Mining'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
	=	(1.508	+	0.108)	/	47.557
	=	0.03

Silver X Mining's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(1.252	+	0.144)	/	48.536
	=	0.03

Silver X Mining (FRA:AGX) 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.

Silver X Mining Debt-to-Asset Related Terms

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Silver X Mining (FRA:AGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver X Mining Corp (FRA:AGX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AGXPF:USA AGX:Germany AGX:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.silverx-mining.com

Silver X Mining Corp is a Canadian silver mining company with assets in Peru and Ecuador. The Company operates in two reportable operating segments, the exploration and development of mineral properties. The company's flagship asset is the Nueva Recuperada silver lead zinc project located in Huancavelica, Peru. The firm offers diverse commodity exposure, including silver, gold, lead, and zinc opportunities. It also holds interest in the Coriorcco gold project.