Highfield Resources (ASX:HFR) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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

Highfield Resources's long-term debt to total assets ratio declined from Jun. 2023 (0.10) to Jun. 2024 (0.00). It may suggest that Highfield Resources is progressively becoming less dependent on debt to grow their business.

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

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

Highfield Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

Highfield 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															-	-	0.10	0.11	-

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

Highfield Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	22.791	/	203.916
	=

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0	/	203.485
	=

Highfield Resources (ASX:HFR) 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.

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

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Highfield Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Highfield Resources Ltd (ASX:HFR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

23H:Germany

Address

169 Fullarton Road, Dulwich, SA, AUS, 5065

Website

https://www.highfieldresources.com.au

Highfield Resources Ltd is an Australia-based company engaged in mineral exploration. The group is organized into one main operating segment, which involves the development of potash mines in Spain. The company projects include Muga-Vipasca, Pintanos, and Sierra del Perdon potash projects. The operation of the firm functions throughout Australia.

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