Ajax Resources (AQSE:AJAX) LT-Debt-to-Total-Asset: 0.00 (As of Aug. 2024)

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What is Ajax Resources LT-Debt-to-Total-Asset?

Ajax Resources AQSE:AJAX LT-Debt-to-Total-Asset is 0.00 as of Aug. 2024.

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. Ajax Resources's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.00.

Ajax Resources's long-term debt to total assets ratio stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00).

Ajax Resources  (AQSE:AJAX) 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.

Ajax Resources LT-Debt-to-Total-Asset Related Terms

Ajax Resources LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Ajax Resources'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.

Ajax Resources LT-Debt-to-Total-Asset Chart

Ajax Resources Annual Data
Trend Feb22 Feb23 Feb24
LT-Debt-to-Total-Asset
0.00 0.00 0.00

Ajax Resources Semi-Annual Data
Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ajax Resources LT-Debt-to-Total-Asset Calculation

Ajax Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )/Total Assets (A: Feb. 2024 )
=0/0.982
=

Ajax Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )/Total Assets (Q: Aug. 2024 )
=0/0.848
=

* 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 0.00 mean?
Ajax Resources (AQSE:AJAX) has a LT-Debt-to-Total-Asset of 0.00 as of Aug. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ajax Resources and its competitors.
Is Ajax Resources' LT-Debt-to-Total-Asset too high?
Ajax Resources' current LT-Debt-to-Total-Asset is 0.00.
How does Ajax Resources' LT-Debt-to-Total-Asset compare to AGLY and CCCX?
Ajax Resources' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services 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 Ajax Resources and its competitors. Ajax Resources's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Resources stock overvalued right now?
Ajax Resources (AQSE:AJAX) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Ajax Resources (AQSE:AJAX), the current LT-Debt-to-Total-Asset is 0.00 as of Aug. 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.

Ajax Resources Business Description

Address London Wall, Salisbury House, London, GBR, EC2M 5PS
Ajax Resources PLC is focused on identifying, acquiring, and advancing assets with exposure to copper, gold, zinc, uranium, and lead.