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OzAurum Resources (ASX:OZM) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is OzAurum 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. OzAurum Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

OzAurum Resources's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that OzAurum Resources is progressively becoming less dependent on debt to grow their business.


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

The historical data trend for OzAurum 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.

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

OzAurum Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
0.01 0.01 - 0.04

OzAurum Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.01 - - - 0.04

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

OzAurum 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 )
=0.137/3.233
=

OzAurum Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0/4.043
=

* 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.


OzAurum Resources  (ASX:OZM) 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.


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

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OzAurum Resources Business Description

Traded in Other Exchanges
N/A
Address
15 Williams Street, Unit 1, West Kalgoorlie, WA, AUS, 6430
OzAurum Resources Ltd is a gold and minerals exploration and evaluation company. It company is focused on developing the Patricia project and Mulgabbie project.

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