Minbos Resources (ASX:MNB) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Minbos 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. Minbos Resources's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Minbos Resources's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.02). It may suggest that Minbos Resources is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Minbos 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.

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

Minbos Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Minbos 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															0.01	-	-	-	0.02

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

Minbos 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 )
	=	0	/	26.279
	=

Minbos 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 )
	=	0.698	/	29.229
	=

Minbos Resources (ASX:MNB) 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.

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

Thank you for viewing the detailed overview of Minbos Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Minbos Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

254 Rokeby Road, Unit 5, Subiaco, Perth, WA, AUS, 6008

Website

https://www.minbos.com

Minbos Resources Ltd is a mineral exploration company that focuses on phosphate ores. The company is engaged in the exploration and development of low-cost mineral projects. The projects of the company include the Cabinda Phosphate Project and its Capanda Green Ammonia Project.

Minbos Resources Headlines

No Headlines