Geologica Resource (STU:862) Debt-to-Asset : 0.25 (As of Sep. 2023)

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What is Geologica Resource Debt-to-Asset?

Geologica Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.08 Mil. Geologica Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.00 Mil. Geologica Resource's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was €0.33 Mil. Geologica Resource's debt to asset for the quarter that ended in Sep. 2023 was 0.25.

Geologica Resource Debt-to-Asset Historical Data

The historical data trend for Geologica Resource'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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Geologica Resource Debt-to-Asset Chart

Geologica Resource Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Asset

3.22

0.56

0.18

Geologica Resource Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial							1.28	0.18	0.23	0.33	0.25

Competitive Comparison of Geologica Resource's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Geologica Resource'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.

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

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

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

Geologica Resource Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Geologica Resource's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.084	+	0)	/	0.478
	=	0.18

Geologica Resource's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(0.084	+	0)	/	0.332
	=	0.25

Geologica Resource (STU:862) 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.

Geologica Resource Debt-to-Asset Related Terms

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Geologica Resource (STU:862) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geologica Resource Corp (STU:862) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

862:Germany GRCM:Canada

Address

630 - 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6

Website

https://www.geologicaresource.com

Geologica Resource Corp is a mineral explorer, building shareholder value through the acquisition of projects with significant technical merit. The company has an option agreement and a purchase agreement for 100% of the mineral claims known as the Topley Project, located in central British Columbia. The Topley Property consists of 7 mineral claims totalling approximately 2,706 Hectares, located in central British Columbia, in the Omineca Mining Division.

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