ARAO (AuraSource) LT-Debt-to-Total-Asset: 0.34 (As of Sep. 2023)


What is AuraSource LT-Debt-to-Total-Asset?

AuraSource ARAO LT-Debt-to-Total-Asset is 0.34 as of Sep. 2023.

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. AuraSource's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.34.

AuraSource's long-term debt to total assets ratio increased from Sep. 2022 (0.32) to Sep. 2023 (0.34). It may suggest that AuraSource is progressively becoming more dependent on debt to grow their business.

AuraSource  (OTCPK:ARAO) 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.

AuraSource LT-Debt-to-Total-Asset Related Terms

AuraSource LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for AuraSource'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.

AuraSource LT-Debt-to-Total-Asset Chart

AuraSource Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.33 0.06 0.00 0.31

AuraSource Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.32 0.47 0.31 0.30 0.34

AuraSource LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=0.036/0.116
=0.31

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

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0.021/0.062
=

* 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 0.34 mean?
AuraSource (ARAO) has a LT-Debt-to-Total-Asset of 0.34 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on AuraSource and its competitors.
Is AuraSource's LT-Debt-to-Total-Asset too high?
AuraSource's current LT-Debt-to-Total-Asset is 0.34.
How does AuraSource's LT-Debt-to-Total-Asset compare to SRE?
AuraSource's LT-Debt-to-Total-Asset of 0.34 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated 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 AuraSource and its competitors. AuraSource's current LT-Debt-to-Total-Asset is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AuraSource stock overvalued right now?
AuraSource (ARAO) has a current LT-Debt-to-Total-Asset of 0.34. The current LT-Debt-to-Total-Asset is 0.34. 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 AuraSource (ARAO), the current LT-Debt-to-Total-Asset is 0.34 as of Sep. 2023. 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.

AuraSource Business Description

Address 2103 E. Cedar Street, Suite 6, Tempe, AZ, USA, 8281
AuraSource Inc is an energy-producing company. The business activity of the firm is operated through two divisions: AuraMetal and AuraMoto. The AuraMetal is focused on the development and production of environmentally friendly and cost-effective beneficiation process for complex ore, tailings, and slimes materials as industrial application solutions. AuraSource's core technology includes physical separation, hydrometallurgical and pyrometallurgy processes. AuraMoto is focused on sourcing various vendors and customers in the automotive industry.