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Astute Metals NL (ASX:ASE) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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

Astute Metals NL's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Astute Metals NL is progressively becoming less dependent on debt to grow their business.


Astute Metals NL LT-Debt-to-Total-Asset Historical Data

The historical data trend for Astute Metals 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.

* Premium members only.

Astute Metals NL LT-Debt-to-Total-Asset Chart

Astute Metals NL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.67 - - -

Astute Metals NL Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Astute Metals NL LT-Debt-to-Total-Asset Calculation

Astute Metals 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 )
=0.028/19.98
=

Astute Metals 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 )
=0.028/21.841
=0.00

* 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.


Astute Metals NL  (ASX:ASE) 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.


Astute Metals NL LT-Debt-to-Total-Asset Related Terms

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Astute Metals NL (ASX:ASE) Business Description

Traded in Other Exchanges
N/A
Address
189 Kent Street, Suite 6, Level 5, Sydney, NSW, AUS, 2000
Astute Metals NL is a mineral resources company with a predominant focus on the exploration and development of mineral sands. The Group operated in four operating segments being Heavy minerals, Diamond Exploration, Lithium, and Gold Exploration industry in the geographical location, being Australia.

Astute Metals NL (ASX:ASE) Headlines

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