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Miramar Resources (ASX:M2R) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)


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

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


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

The historical data trend for Miramar 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.

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

Miramar Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
- - - -

Miramar Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - - - - -

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

Miramar 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 )
=0/9.36
=

Miramar Resources'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 )
=0/9.758
=

* 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.


Miramar Resources  (ASX:M2R) 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.


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

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Miramar Resources Business Description

Traded in Other Exchanges
N/A
Address
Unit 1, 22 Hardy Street, Perth, WA, AUS, 6151
Miramar Resources Ltd is a mineral exploration company. The company's projects are divided into two projects areas namely, the Eastern Goldfields and Gascoyne regions of Western Australia. Its project comprises of Gidji JV Project, Glandore Project, Randall's project, Whaleshark project, Bangemall Ni-Cu-PGE project and Chain project.

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