Marula Mining (AQSE:MARU) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Marula Mining 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. Marula Mining's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Marula Mining's long-term debt to total assets ratio increased from Dec. 2021 (0.00) to Dec. 2023 (0.12). It may suggest that Marula Mining is progressively becoming more dependent on debt to grow their business.

Marula Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Marula Mining'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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Marula Mining LT-Debt-to-Total-Asset Chart

Marula Mining Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

Marula Mining Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	0.12

Marula Mining LT-Debt-to-Total-Asset Calculation

Marula Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.714	/	6.126
	=

Marula Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.714	/	6.126
	=

Marula Mining (AQSE:MARU) 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.

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Marula Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marula Mining PLC (AQSE:MARU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

48U0:Germany

Address

C/O Memery Crystal LLP, 165 Fleet Street, Memery Crystal, London, GBR, EC4A 2DY

Website

https://www.marulamining.com

Marula Mining PLC is an African focused mining and exploration company. It focuses on identifying and targeting investments in near-term production and revenue generating opportunities within Africa's mining sector. It engages in the acquisition of several lithium, tantalum, niobium, graphite and tin, and other base metals projects. The company is engaged in various projects which are Blesberg Lithium and Tantalum Mine project and Nkombwa Hill Niobium, Tantalum, Rare Earths and Phosphate project.

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