FSM (Fortuna Mining) Debt-to-Asset : 0.09 (As of Dec. 2024)

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What is Fortuna Mining Debt-to-Asset?

Fortuna Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $20 Mil. Fortuna Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $174 Mil. Fortuna Mining's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $2,116 Mil. Fortuna Mining's debt to asset for the quarter that ended in Dec. 2024 was 0.09.

Fortuna Mining Debt-to-Asset Historical Data

The historical data trend for Fortuna 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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Fortuna Mining Debt-to-Asset Chart

Fortuna Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.17

0.09

0.13

0.09

Fortuna Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.13	0.11	0.11	0.09	0.09

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

For the Gold subindustry, Fortuna 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.

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

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

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

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Fortuna Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fortuna Mining'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
	=	(19.761	+	174.247)	/	2115.532
	=	0.09

Fortuna Mining'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
	=	(19.761	+	174.247)	/	2115.532
	=	0.09

Fortuna Mining (NYSE:FSM) 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.

Fortuna Mining Debt-to-Asset Related Terms

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Fortuna Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortuna Mining Corp (NYSE:FSM) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

FVI N:Mexico 0QYM:UK F4S0:Germany F4S0:Germany FVI:Canada

Address

200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6

Website

https://www.fortunamining.com

Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, and Peru.