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Thungela Resources (LSE:TGA) Debt-to-Asset : 0.00 (As of Dec. 2023)


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What is Thungela Resources Debt-to-Asset?

Thungela Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £4 Mil. Thungela Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1 Mil. Thungela Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was £1,971 Mil. Thungela Resources's debt to asset for the quarter that ended in Dec. 2023 was 0.00.


Thungela Resources Debt-to-Asset Historical Data

The historical data trend for Thungela 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.

Thungela Resources Debt-to-Asset Chart

Thungela Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.01 0.04 0.01 - -

Thungela Resources Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 - - -

Competitive Comparison of Thungela Resources's Debt-to-Asset

For the Thermal Coal subindustry, Thungela 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.


Thungela Resources's Debt-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thungela Resources's Debt-to-Asset distribution charts can be found below:

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



Thungela Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thungela Resources's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Thungela Resources's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.


Thungela Resources  (LSE:TGA) 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.


Thungela Resources Debt-to-Asset Related Terms

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


Thungela Resources (LSE:TGA) Business Description

Traded in Other Exchanges
Address
25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal in South Africa. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa.