Technology Minerals (LSE:TM1) Debt-to-Asset : 0.11 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Technology Minerals Debt-to-Asset?

Technology Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.00 Mil. Technology Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.71 Mil. Technology Minerals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was £24.48 Mil. Technology Minerals's debt to asset for the quarter that ended in Dec. 2023 was 0.11.

Technology Minerals Debt-to-Asset Historical Data

The historical data trend for Technology Minerals'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.

Technology Minerals Debt-to-Asset Chart

Technology Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Asset

0.07

Technology Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	-	-	0.02	0.07	0.11

Competitive Comparison of Technology Minerals's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Technology Minerals'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.

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

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

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

Technology Minerals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Technology Minerals's Debt-to-Asset for the fiscal year that ended in Jun. 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	+	1.557)	/	23.906
	=	0.07

Technology Minerals's Debt-to-Asset for the quarter 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
	=	(1.004	+	1.705)	/	24.481
	=	0.11

Technology Minerals (LSE:TM1) 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.

Technology Minerals Debt-to-Asset Related Terms

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

Technology Minerals (LSE:TM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Technology Minerals PLC (LSE:TM1) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Savile Row, London, GBR, W1S 3PW

Website

https://www.technologyminerals.co.uk

Technology Minerals PLC is a London-based mineral exploration company focused on the exploration of mineral resource projects in Ireland (Li project), Spain (Cu-Co-Ni project), Cameroon (Ni-Co project), and three projects in the USA (Cu-Co, Co, and Ni-Co-Cu projects, respectively).

Technology Minerals (LSE:TM1) Headlines

No Headlines