Breakaway Resources Limited (ASX:BRW) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2013)

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What is Breakaway Resources Limited 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. Breakaway Resources Limited's long-term debt to total assests ratio for the quarter that ended in Jun. 2013 was 0.07.

Breakaway Resources Limited's long-term debt to total assets ratio declined from Jun. 2012 (0.20) to Jun. 2013 (0.07). It may suggest that Breakaway Resources Limited is progressively becoming less dependent on debt to grow their business.

Breakaway Resources Limited LT-Debt-to-Total-Asset Historical Data

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

Breakaway Resources Limited Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

LT-Debt-to-Total-Asset

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0.20

0.04

0.20

0.07

Breakaway Resources Limited 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	-	0.20	0.10	0.07

Breakaway Resources Limited LT-Debt-to-Total-Asset Calculation

Breakaway Resources Limited'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 )
	=	0.09	/	1.353
	=

Breakaway Resources Limited'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 )
	=	0.09	/	1.353
	=

Breakaway Resources Limited (ASX:BRW) 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.

Breakaway Resources Limited LT-Debt-to-Total-Asset Related Terms

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Breakaway Resources Limited Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Breakaway Resources Limited (ASX:BRW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.breakawayresources.com.au

Breakaway Resources Limited (BRW, formerly Amalg Resources NL) is an exploration company, with gold, nickel and base metal projects located in WA and QLD.