AGLDF (Austral Gold) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

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

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. Austral Gold's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Austral Gold's long-term debt to total assets ratio increased from Dec. 2023 (0.04) to Dec. 2024 (0.27). It may suggest that Austral Gold is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Austral 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.

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

Austral Gold Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.02

0.04

0.27

Austral Gold Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.04	0.04	0.04	0.27

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

Austral Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	20.286	/	74.09
	=	0.27

Austral Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	20.286	/	74.09
	=	0.27

Austral Gold (OTCPK:AGLDF) 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.

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

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Austral Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Austral Gold Ltd (OTCPK:AGLDF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AGLD:Canada AGD:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.australgold.com

Austral Gold Ltd is a precious metals mining and exploration company. It is engaged in the exploration and evaluation of mineral properties, gold, and silver production. The company has two operating segments, Guanaco/Amancaya which is based in Chile, and Casposo which is based in Argentina. The company generates the majority of its revenue from the Guanaco/Amancaya segment, particularly from Gold sales. The company exploration project includes Triassic Choiyoi Belt, Indio Belt, Deseado Massif.

Austral Gold Headlines

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