Andean Silver (ASX:ASL) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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

Andean Silver's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.00). It may suggest that Andean Silver is progressively becoming less dependent on debt to grow their business.

Andean Silver LT-Debt-to-Total-Asset Historical Data

The historical data trend for Andean Silver'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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Andean Silver LT-Debt-to-Total-Asset Chart

Andean Silver Annual Data

Trend

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.01

Andean Silver Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	0.01	0.01	-	-

Andean Silver LT-Debt-to-Total-Asset Calculation

Andean Silver's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.01	/	37.441
	=

Andean Silver'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 )
	=	0.015	/	4.183
	=

Andean Silver (ASX:ASL) 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.

Andean Silver LT-Debt-to-Total-Asset Related Terms

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Andean Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Silver Ltd (ASX:ASL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Richardson Street, Level 2, West Perth, Perth, VIC, AUS, 6005

Website

https://www.andeansilver.com

Andean Silver Ltd is a mining company. Its project include Cerro Bayo Silver-Gold Project and Araluen Project The Group is organized into two operating segments based on the Group's exploration and evaluation project geographic location: Chile (Gold and Silver): Cerro Bayo Project and Australia (Gold and Lithium) Pilbara Project: Lithium in Western Australia.

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