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Battery Mineral Resources (TSXV:BMR) Debt-to-Asset : 0.32 (As of Jun. 2024)


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What is Battery Mineral Resources Debt-to-Asset?

Battery Mineral Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$2.16 Mil. Battery Mineral Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$35.41 Mil. Battery Mineral Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was C$119.16 Mil. Battery Mineral Resources's debt to asset for the quarter that ended in Jun. 2024 was 0.32.


Battery Mineral Resources Debt-to-Asset Historical Data

The historical data trend for Battery Mineral 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.

Battery Mineral Resources Debt-to-Asset Chart

Battery Mineral Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
- - 0.06 0.16 0.26

Battery Mineral Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.22 0.26 0.31 0.32

Competitive Comparison of Battery Mineral Resources's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Battery Mineral 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.


Battery Mineral Resources's Debt-to-Asset Distribution in the Metals & Mining Industry

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

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



Battery Mineral Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Battery Mineral Resources'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
=(1.055 + 27.732) / 111.624
=0.26

Battery Mineral Resources's Debt-to-Asset for the quarter 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
=(2.162 + 35.405) / 119.158
=0.32

* 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.


Battery Mineral Resources  (TSXV:BMR) 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.


Battery Mineral Resources Debt-to-Asset Related Terms

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


Battery Mineral Resources Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The Company operates in three segments, one segment being the acquisition and exploration of exploration and evaluations assets located in Canada, the United States, Chile, and South Korea and the second segment for the operations of ESI, located in Canada and the United States and the third segment being the corporate head office located in Canada.
Executives
Max Satel Senior Officer
Jack Cartmel Senior Officer
Lazaros Nikeas Director, Senior Officer