Emmerson Resources (ASX:ERM) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

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

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

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

The historical data trend for Emmerson 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.

* Premium members only.

Emmerson Resources LT-Debt-to-Total-Asset Chart

Emmerson Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.04

Emmerson Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.04

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

Emmerson 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 )
	=	0.25	/	5.704
	=

Emmerson Resources'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	/	6.555
	=

Emmerson Resources (ASX:ERM) 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.

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

Thank you for viewing the detailed overview of Emmerson Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Emmerson Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

42E:Germany

Address

43 Ventnor Avenue, Level 2, West Perth, WA, AUS, 6005

Website

https://www.emmersonresources.com.au

Emmerson Resources Ltd is a gold and copper explorer resource company. The company is an emerging gold royalty business. The company's project includes Tennant Creek Mineral Field, NSW, NSW JV, and other strategic alliances. The firm operates in one segment of mineral exploration in Australia.

Emmerson Resources Headlines

No Headlines