Foremost Lithium Resource & Technology (XCNQ:FAT) Debt-to-Asset : 0.08 (As of Sep. 2023)

Foremost Lithium Resource & Technology Debt-to-Asset Chart

Foremost Lithium Resource & Technology Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset		Get a 7-Day Free Trial					-	0.03	0.03	0.02	0.10

Foremost Lithium Resource & Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.10	0.10	0.10	0.08

Competitive Comparison of Foremost Lithium Resource & Technology's Debt-to-Asset

For the Chemicals subindustry, Foremost Lithium Resource & Technology'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.

Foremost Lithium Resource & Technology's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foremost Lithium Resource & Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Foremost Lithium Resource & Technology's Debt-to-Asset falls into.

Foremost Lithium Resource & Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Foremost Lithium Resource & Technology's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Foremost Lithium Resource & Technology's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

* 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.

Foremost Lithium Resource & Technology  (XCNQ:FAT) 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.

Foremost Lithium Resource & Technology Debt-to-Asset Related Terms

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Foremost Lithium Resource & Technology (XCNQ:FAT) Business Description