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Astral Resources NL (ASX:AAR) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Astral Resources NL 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. Astral Resources NL's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Astral Resources NL's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Astral Resources NL is progressively becoming more dependent on debt to grow their business.


Astral Resources NL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Astral Resources NL'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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Astral Resources NL LT-Debt-to-Total-Asset Chart

Astral Resources NL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
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Astral Resources NL Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Astral Resources NL LT-Debt-to-Total-Asset Calculation

Astral Resources NL's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=0/27.009
=

Astral Resources NL'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 )
=0.075/29.979
=

* 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.


Astral Resources NL  (ASX:AAR) 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.


Astral Resources NL LT-Debt-to-Total-Asset Related Terms

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Astral Resources NL (ASX:AAR) Business Description

Traded in Other Exchanges
N/A
Address
6 Lyall Street, Suite 2, South Perth, WA, AUS, 6151
Astral Resources NL is a resources company. It is organized into one operating segment, which involves exploration throughout Australia. The company is exploring for gold and base metals in Western Australia, its projects being: Feysville Gold, Koongie Park Gold and Base Metals Project, Mandilla Gold, Carnilya Hill Gold Project, and Leonora Base Metals.

Astral Resources NL (ASX:AAR) Headlines

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