Kingfisher Mining (ASX:KFM) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

Kingfisher Mining's long-term debt to total assets ratio declined from Dec. 2023 (0.01) to Dec. 2024 (0.00). It may suggest that Kingfisher Mining is progressively becoming less dependent on debt to grow their business.

Kingfisher Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kingfisher Mining'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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Kingfisher Mining LT-Debt-to-Total-Asset Chart

Kingfisher Mining Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.02

0.01

Kingfisher Mining Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.01	0.01	0.01	-	-

Kingfisher Mining LT-Debt-to-Total-Asset Calculation

Kingfisher Mining'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 )
	=	0.026	/	5.866
	=

Kingfisher Mining'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 )
	=	0.016	/	4.154
	=

Kingfisher Mining (ASX:KFM) 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.

Kingfisher Mining LT-Debt-to-Total-Asset Related Terms

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Kingfisher Mining Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 Robinson Avenue, Unit 2, Belmont, WA, AUS, 6104

Website

https://www.kingfishermining.com.au

Kingfisher Mining Ltd is a mineral exploration company. The company acquires, develops, and explores mineral resource projects throughout Western Australia. The project portfolio includes Boolaloo, Mick Well, Kingfisher, Chalba, Mooloo and Arthur River projects. The company operates in one business segment which is the exploration for minerals and in one geographic segment, Australia.

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