Alara Resources (ASX:AUQ) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2024)

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What is Alara Resources 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. Alara Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.43.

Alara Resources's long-term debt to total assets ratio declined from Dec. 2023 (0.58) to Dec. 2024 (0.43). It may suggest that Alara Resources is progressively becoming less dependent on debt to grow their business.

Alara Resources LT-Debt-to-Total-Asset Historical Data

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

Alara Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.03

0.40

0.57

0.45

Alara Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.55	0.57	0.58	0.45	0.43

Alara Resources LT-Debt-to-Total-Asset Calculation

Alara Resources'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 )
	=	78.084	/	171.95
	=	0.45

Alara Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	81.4	/	187.464
	=	0.43

Alara Resources (ASX:AUQ) 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.

Alara Resources LT-Debt-to-Total-Asset Related Terms

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Alara Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alara Resources Ltd (ASX:AUQ) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

AU5:Germany

Address

110 Erindale Road, Suite 1.02, Balcatta, Perth, WA, AUS, 6021

Website

https://www.alararesources.com

Alara Resources Ltd is a precious and base metals producer and explorer. It is engaged in the exploration, evaluation, and development of mineral exploration licenses in Oman. Its projects include the Al Wash-hi Majaza copper-gold project, Awtad Copper-Gold project, Mullaq Copper-Gold, Al Ajal Copper-Gold, and Daris Copper-Gold project. The majority of the company's revenue is generated from the sale of copper. Its geographical segments include Oman, which derives maximum revenue, Australia, and Saudi Arabia.

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