Avalon Advanced Materials (TSX:AVL) Debt-to-Asset : 0.02 (As of Nov. 2023)

Avalon Advanced Materials Debt-to-Asset Chart

Avalon Advanced Materials Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Debt-to-Asset		Get a 7-Day Free Trial					-	-	-	0.01	0.03

Avalon Advanced Materials Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22	Feb23	May23	Nov23
Debt-to-Asset	Get a 7-Day Free Trial															0.04	0.03	0.02	0.02	0.02

Competitive Comparison of Avalon Advanced Materials's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.

Avalon Advanced Materials's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avalon Advanced Materials's Debt-to-Asset falls into.

Avalon Advanced Materials Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Avalon Advanced Materials's Debt-to-Asset for the fiscal year that ended in Aug. 2021 is calculated as

Avalon Advanced Materials's Debt-to-Asset for the quarter that ended in Nov. 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.

Avalon Advanced Materials  (TSX:AVL) 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.

Avalon Advanced Materials Debt-to-Asset Related Terms

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Avalon Advanced Materials (TSX:AVL) Business Description