ANPMF (Andean Precious Metals) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Andean Precious Metals 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. Andean Precious Metals's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Andean Precious Metals's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.10). It may suggest that Andean Precious Metals is progressively becoming less dependent on debt to grow their business.

Andean Precious Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Andean Precious Metals'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.

* Premium members only.

Andean Precious Metals LT-Debt-to-Total-Asset Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.14

0.10

Andean Precious Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.18	0.19	0.19	0.10

Andean Precious Metals LT-Debt-to-Total-Asset Calculation

Andean Precious Metals'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 )
	=	31.075	/	315.094
	=	0.10

Andean Precious Metals'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 )
	=	31.075	/	315.094
	=	0.10

Andean Precious Metals (OTCPK:ANPMF) 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.

Andean Precious Metals LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Andean Precious Metals's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Andean Precious Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (OTCPK:ANPMF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6ZS:Germany APM:Canada

Address

181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. It directly and indirectly holds interests in the San Bartolome processing facility in Bolivia, and the Soledad Mountain mine in the United States. The company along with its subsidiaries is engaged in the exploration, exploitation, treatment, refining, and commercialization of dore bars containing silver and gold, which it extracts from its own mining rights and through purchased third-party material.

Andean Precious Metals Headlines

From GuruFocus

Andean Precious Metals to Webcast Live at VirtualInvestorConferences.com on November 11

By PRNewswire PRNewswire • 11-04-2021