Classic Minerals (ASX:CLZ) Long-Term Debt: A$0.08 Mil (As of Dec. 2024)


What is Classic Minerals Long-Term Debt?

Classic Minerals ASX:CLZ Long-Term Debt is A$0.08 Mil as of Dec. 2024.

Classic Minerals's Long-Term Debt for the quarter that ended in Dec. 2024 was A$0.08 Mil.

Classic Minerals's quarterly Long-Term Debt increased from Dec. 2023 (A$0.26 Mil) to Jun. 2024 (A$1.45 Mil) but then declined from Jun. 2024 (A$1.45 Mil) to Dec. 2024 (A$0.08 Mil).

Classic Minerals's annual Long-Term Debt increased from Jun. 2022 (A$0.00 Mil) to Jun. 2023 (A$0.68 Mil) and increased from Jun. 2023 (A$0.68 Mil) to Jun. 2024 (A$1.45 Mil).

Classic Minerals  (ASX:CLZ) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Classic Minerals Long-Term Debt Related Terms

Classic Minerals Long-Term Debt Historical Data

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The historical data trend for Classic Minerals's Long-Term Debt 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.

Classic Minerals Long-Term Debt Chart

Classic Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.68 1.45

Classic Minerals Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.68 0.26 1.45 0.08
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of A$0.08 Mil mean?
Classic Minerals (ASX:CLZ) has a Long-Term Debt of A$0.08 Mil as of Dec. 2024.
Is Classic Minerals' Long-Term Debt too high?
Classic Minerals' current Long-Term Debt is A$0.08 Mil.
How does Classic Minerals' Long-Term Debt compare to competitors?
Classic Minerals' Long-Term Debt of A$0.08 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Metals & Mining company?
A good Long-Term Debt depends on the Metals & Mining industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Classic Minerals's current Long-Term Debt is A$0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Minerals stock overvalued right now?
Classic Minerals (ASX:CLZ) has a current Long-Term Debt of A$0.08 Mil. The current Long-Term Debt is A$0.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Classic Minerals (ASX:CLZ), the current Long-Term Debt is A$0.08 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Classic Minerals Business Description

Address 71 Furniss Road, Landsdale, Perth, WA, AUS, 6065
Classic Minerals Ltd is an Australian is an exploration and development company. The principal business activity of the company includes the exploration of mineral resource-based projects, focusing on nickel and gold metals. The company owns an interest in Forrestania Gold Project, Van Uden West prospect, Tangerine Trees Prospect, Fraser Range Project, and Flagship Kat Gap Project.