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Accelerate Resources (ASX:AX8) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)


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What is Accelerate 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. Accelerate Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Accelerate Resources's long-term debt to total assets ratio stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).


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

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

Accelerate Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
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Accelerate Resources Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Accelerate Resources LT-Debt-to-Total-Asset Calculation

Accelerate 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 )
=0/12.796
=

Accelerate 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 )
=0/11.039
=

* 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.


Accelerate Resources  (ASX:AX8) 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.


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

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Accelerate Resources Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Suite 1, Ground Floor, Unit G1, West Perth, Perth, WA, AUS, 6005
Accelerate Resources Ltd is an Australia-based company engaged in the business of investment in the resources sector. It focuses on Manganese, lithium and other minerals exploration. The company's projects include Comet gold project, Pilbara lithium project, Braeside West and Ripon Hills East Manganese Projects and Mt Read Project. The Group has organised its operations into one reportable segment being: Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves.

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