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Adriatic Metals (Adriatic Metals) Debt-to-Asset : 0.51 (As of Dec. 2023)


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What is Adriatic Metals Debt-to-Asset?

Adriatic Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48.87 Mil. Adriatic Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $100.07 Mil. Adriatic Metals's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $290.85 Mil. Adriatic Metals's debt to asset for the quarter that ended in Dec. 2023 was 0.51.


Adriatic Metals Debt-to-Asset Historical Data

The historical data trend for Adriatic 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.

Adriatic Metals Debt-to-Asset Chart

Adriatic Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - 0.01 0.10 0.29 0.51

Adriatic Metals Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.11 0.29 0.55 0.51

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

For the Other Industrial Metals & Mining subindustry, Adriatic 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.


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

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

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



Adriatic Metals Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Adriatic 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
=(48.868 + 100.069) / 290.852
=0.51

Adriatic Metals's Debt-to-Asset for the quarter 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
=(48.868 + 100.069) / 290.852
=0.51

* 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.


Adriatic Metals  (OTCPK:ADMLF) 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.


Adriatic Metals Debt-to-Asset Related Terms

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


Adriatic Metals (Adriatic Metals) Business Description

Traded in Other Exchanges
Address
65 Rodney Road, Ground Floor, Regent House, Cheltenham, GBR, GL50 1HX
Adriatic Metals PLC is engaged in mineral exploration. The projects of the company are The Veovaca and The Raska. The Veovaca is historic open-cut zinc, lead, barite, and silver mine and the Raska project is an advanced exploration project which exhibits exceptionally high grades of the base and precious metals and is located approximately 17km North-West of the Veovaca Project.

Adriatic Metals (Adriatic Metals) Headlines