Alcyone Resources (ASX:AYN) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2013)

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What is Alcyone 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. Alcyone Resources's long-term debt to total assests ratio for the quarter that ended in Jun. 2013 was 0.08.

Alcyone Resources's long-term debt to total assets ratio increased from Jun. 2012 (0.03) to Jun. 2013 (0.08). It may suggest that Alcyone Resources is progressively becoming more dependent on debt to grow their business.

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

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

Alcyone Resources Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

LT-Debt-to-Total-Asset

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0.03

0.08

Alcyone Resources Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.04	0.03	0.02	0.08

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

Alcyone Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (A: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2013 )	/	Total Assets (A: Jun. 2013 )
	=	2.582	/	32.585
	=	0.08

Alcyone Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

LT Debt to Total Assets (Q: Jun. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2013 )	/	Total Assets (Q: Jun. 2013 )
	=	2.582	/	32.585
	=	0.08

Alcyone Resources (ASX:AYN) 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.

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

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Alcyone Resources Business Description

Industry

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

Comparable Companies

ASX:BMZ

Traded in Other Exchanges

N/A

Address

Website

http://www.alcyone.com.au

Macmin Silver Ltd (MMN) is a minerals exploration and mining company focused on silver and gold in Australia. The company's main project is the Twin Hills Silver Projects, located in southern Queensland. The company also has a substantial investment in a New Guinea based gold exploration and mining company.

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