Megado Minerals (ASX:MEG) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

Megado Minerals's long-term debt to total assets ratio stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Megado Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Megado Minerals'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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Megado Minerals LT-Debt-to-Total-Asset Chart

Megado Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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

Megado Minerals LT-Debt-to-Total-Asset Calculation

Megado Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	0	/	6.813
	=

Megado Minerals'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	/	6.813
	=

Megado Minerals (ASX:MEG) 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.

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Megado Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

197 St Georges Terrace, Level 12, Perth, WA, AUS, 6000

Website

https://www.megadominerals.com

Megado Minerals Ltd is an exploration company focused on critical minerals in North America. The company's project portfolio includes North Fork Rare Earth Project. The North Fork Project is located north-west of Salmon in the Salmon Challis National Forest, Lemhi County, Idaho. The group operates in one industry being the exploration of critical minerals. The geographical areas that the entity operates in are Australia, USA and Ethiopia.