Montauk Metals (TSXV:MTK) Debt-to-Asset : 0.34 (As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Montauk Metals Debt-to-Asset?

Montauk Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.30 Mil. Montauk Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Montauk Metals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was C$0.90 Mil. Montauk Metals's debt to asset for the quarter that ended in Jun. 2024 was 0.34.

Montauk Metals Debt-to-Asset Historical Data

The historical data trend for Montauk Metals'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.

Montauk Metals Debt-to-Asset Chart

Montauk Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.49

Montauk Metals Quarterly Data
	Sep19	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															-	-	0.49	0.56	0.34

Competitive Comparison of Montauk Metals's Debt-to-Asset

For the Gold subindustry, Montauk Metals'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.

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

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

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

Montauk Metals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Montauk Metals'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
	=	(0.27	+	0)	/	0.557
	=	0.48

Montauk Metals'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
	=	(0.303	+	0)	/	0.895
	=	0.34

Montauk Metals (TSXV:MTK) 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.

Montauk Metals Debt-to-Asset Related Terms

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

Montauk Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Montauk Metals Inc (TSXV:MTK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GAYGF:USA

Address

82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1

Website

https://www.galwaygoldinc.com

Montauk Metals Inc Formerly Galway Gold Inc is an exploration-stage company. It is engaged in the acquisition, exploration, and development of mineral resource properties. The company's mineral property is the Vetas Project.

Montauk Metals Headlines

No Headlines