SBMCF (Silver Bullet Mines) Debt-to-Asset : 0.87 (As of Dec. 2024)

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What is Silver Bullet Mines Debt-to-Asset?

Silver Bullet Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.99 Mil. Silver Bullet Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.26 Mil. Silver Bullet Mines's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $2.58 Mil. Silver Bullet Mines's debt to asset for the quarter that ended in Dec. 2024 was 0.87.

Silver Bullet Mines Debt-to-Asset Historical Data

The historical data trend for Silver Bullet Mines'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 Bullet Mines Debt-to-Asset Chart

Silver Bullet Mines Annual Data

Trend

Nov20

Jun21

Jun22

Jun23

Jun24

Debt-to-Asset

1.74

0.05

0.08

0.38

0.73

Silver Bullet Mines Quarterly Data
	Nov20	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial											0.44	0.45	0.73	0.86	0.87

Competitive Comparison of Silver Bullet Mines's Debt-to-Asset

For the Other Precious Metals & Mining subindustry, Silver Bullet Mines'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 Bullet Mines's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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

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Silver Bullet Mines Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Silver Bullet Mines's Debt-to-Asset for the fiscal year 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
	=	(1.137	+	0.601)	/	2.388
	=	0.73

Silver Bullet Mines'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
	=	(0.988	+	1.256)	/	2.575
	=	0.87

Silver Bullet Mines (OTCPK:SBMCF) 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 Bullet Mines Debt-to-Asset Related Terms

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Silver Bullet Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Bullet Mines Corp (OTCPK:SBMCF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

5L30:Germany SBMI:Canada

Address

3310 South Service Road, Suite 200, Burlington, ON, CAN, L7N 3M6

Website

https://www.silverbulletmines.com

Silver Bullet Mines Corp is engaged in the acquisition, exploration, development, and extraction of natural resources, specifically precious metals in Arizona, Idaho, and Nevada. The Company has exploration and evaluation properties located in two geographical areas, Canada and the United States of America. The projects of the company are Buckeye, McMorris, and Silver Sevens Mines, Arizona; Lone Mountain and Ophir Canyon Projects -Nevada -Gold; Washington Silver and Gold Mine, Idaho and Black Copper and Richmond (Richman) Basin Deposits -Arizona -Copper.