Starmet Ventures (XCNQ:STAR) Debt-to-Asset : 0.05 (As of Mar. 2024)

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What is Starmet Ventures Debt-to-Asset?

Starmet Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.06 Mil. Starmet Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Starmet Ventures's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$1.20 Mil. Starmet Ventures's debt to asset for the quarter that ended in Mar. 2024 was 0.05.

Starmet Ventures Debt-to-Asset Historical Data

The historical data trend for Starmet Ventures'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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Starmet Ventures Debt-to-Asset Chart

Starmet Ventures Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.05

Starmet Ventures Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial						-	-	0.05	0.05	0.05

Competitive Comparison of Starmet Ventures's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Starmet Ventures'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.

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

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

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

Starmet Ventures Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Starmet Ventures'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
	=	(0.062	+	0)	/	1.209
	=	0.05

Starmet Ventures's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(0.064	+	0)	/	1.198
	=	0.05

Starmet Ventures (XCNQ:STAR) 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.

Starmet Ventures Debt-to-Asset Related Terms

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Starmet Ventures (XCNQ:STAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starmet Ventures Inc (XCNQ:STAR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.303 - 1687 West Broadway, Vancouver, BC, CAN, V6J 1X2

Website

Starmet Ventures Inc engages in the exploration of mineral resource properties with an emphasis on the Property located in Esmeralda County, Nevada. It holds a 100% interest in the JPL Project. It has one reportable operating segment, being the acquisition and exploration of exploration and evaluation assets.

Executives

Ohad David

Director, Senior Officer

Starmet Ventures (XCNQ:STAR) Headlines

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