Premier1 Lithium (ASX:PLC) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Premier1 Lithium 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. Premier1 Lithium's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Premier1 Lithium's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.01). It may suggest that Premier1 Lithium is progressively becoming more dependent on debt to grow their business.

Premier1 Lithium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Premier1 Lithium'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.

Premier1 Lithium LT-Debt-to-Total-Asset Chart

Premier1 Lithium Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Premier1 Lithium Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	0.01

Premier1 Lithium LT-Debt-to-Total-Asset Calculation

Premier1 Lithium'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	/	5.562
	=	0.00

Premier1 Lithium'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 )
	=	0.02	/	4
	=

Premier1 Lithium (ASX:PLC) 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.

Premier1 Lithium LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Premier1 Lithium's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Premier1 Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premier1 Lithium Ltd (ASX:PLC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.premier1lithium.com.au

Premier1 Lithium Ltd is an lithium exploration company. The Group undertook technology R&D and mineral exploration of gold, nickel, lithium and other base metals in Australia during the period. The company has two operating segments: Exploration and evaluation and Corporate. Its project includes Abbotts North project in Western Australia, The Yalgoo and Yalgoo West project and Montague Project. Maximum revenue is gained through Exploration and Evaluation segment.