Midas Minerals (ASX:MM1) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

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

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

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

Midas Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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

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

Midas 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	/	5.427
	=

Midas 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	/	5.427
	=

Midas Minerals (ASX:MM1) 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.

Midas Minerals LT-Debt-to-Total-Asset Related Terms

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Midas Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Midas Minerals Ltd (ASX:MM1) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.midasminerals.com

Midas Minerals Ltd is an is a junior mineral exploration company with a primary focus on lithium and gold. Its projects include the Yellowknife Lithium Project, Greenbush Lithium Project, Newington Gold, Lithium Project, Weebo Gold Project, Challa Gold, and Nickel-Copper-PGE Pro.

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