AGCZ (Andes Gold) LT-Debt-to-Total-Asset: 0.18 (As of Dec. 2003)

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What is Andes Gold LT-Debt-to-Total-Asset?

Andes Gold AGCZ -99.00% LT-Debt-to-Total-Asset is 0.18 as of Dec. 2003.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Andes Gold's long-term debt to total assests ratio for the quarter that ended in Dec. 2003 was 0.18.

Andes Gold's long-term debt to total assets ratio declined from Dec. 2002 (0.21) to Dec. 2003 (0.18). It may suggest that Andes Gold is progressively becoming less dependent on debt to grow their business.

Andes Gold  (OTCPK:AGCZ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Andes Gold LT-Debt-to-Total-Asset Related Terms

Andes Gold LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Andes Gold's LT-Debt-to-Total-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.

Andes Gold LT-Debt-to-Total-Asset Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.22 0.21 0.18

Andes Gold Quarterly Data
Jun98 Sep98 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
LT-Debt-to-Total-Asset 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 0.21 0.25 0.23 0.22 0.18

Andes Gold LT-Debt-to-Total-Asset Calculation

Andes Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2003 is calculated as

LT Debt to Total Assets (A: Dec. 2003 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2003 )/Total Assets (A: Dec. 2003 )
=0.733/4.04
=0.18

Andes Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2003 is calculated as

LT Debt to Total Assets (Q: Dec. 2003 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2003 )/Total Assets (Q: Dec. 2003 )
=0.733/4.04
=0.18

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.18 mean?
Andes Gold (AGCZ) has a LT-Debt-to-Total-Asset of 0.18 as of Dec. 2003. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Andes Gold and its competitors.
Is Andes Gold's LT-Debt-to-Total-Asset too high?
Andes Gold's current LT-Debt-to-Total-Asset is 0.18.
How does Andes Gold's LT-Debt-to-Total-Asset compare to competitors?
Andes Gold's LT-Debt-to-Total-Asset of 0.18 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 LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Andes Gold and its competitors. Andes Gold's current LT-Debt-to-Total-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andes Gold stock overvalued right now?
Andes Gold (AGCZ) has a current LT-Debt-to-Total-Asset of 0.18. The current LT-Debt-to-Total-Asset is 0.18. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Andes Gold (AGCZ), the current LT-Debt-to-Total-Asset is 0.18 as of Dec. 2003. 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.

Andes Gold Business Description

Address 1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.