Lucara Diamond (TSX:LUC) Debt-to-Asset : 0.31 (As of Sep. 2024)

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What is Lucara Diamond Debt-to-Asset?

Lucara Diamond's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$35.4 Mil. Lucara Diamond's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$243.8 Mil. Lucara Diamond's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was C$909.1 Mil. Lucara Diamond's debt to asset for the quarter that ended in Sep. 2024 was 0.31.

Lucara Diamond Debt-to-Asset Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Debt-to-Asset Chart

Lucara Diamond Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.01

0.09

0.12

0.16

0.24

Lucara Diamond Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.22	0.24	0.28	0.30	0.31

Competitive Comparison of Lucara Diamond's Debt-to-Asset

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.

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

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

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

Lucara Diamond Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Lucara Diamond'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
	=	(48.931	+	136.193)	/	772.497
	=	0.24

Lucara Diamond's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(35.378	+	243.828)	/	909.083
	=	0.31

Lucara Diamond (TSX:LUC) 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.

Lucara Diamond Debt-to-Asset Related Terms

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Lucara Diamond Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lucara Diamond Corp (TSX:LUC) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

LUCRF:USA LUC:Sweden 0QUI:UK LUC:Botswana

Address

1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5

Website

http://www.lucaradiamond.com

Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Executives

William Lamb	Director, Senior Officer
Johane Mchive	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Eira Margaret Thomas	Director
John Patrick Armstrong	Senior Officer
Zara Elizabeth Boldt	Senior Officer
Richard Peter Clark	Director

Lucara Diamond Headlines

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