Pure Resources (ASX:PR1) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

Pure Resources's long-term debt to total assets ratio declined from Dec. 2023 (0.01) to Dec. 2024 (0.00). It may suggest that Pure Resources is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Pure 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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Pure Resources LT-Debt-to-Total-Asset Chart

Pure Resources Annual Data

Trend

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.02

0.01

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

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

Pure 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	/	2.867
	=

Pure Resources'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	/	2.822
	=

Pure Resources (ASX:PR1) 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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Pure Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pure Resources Ltd (ASX:PR1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Townshend Road, Subiaco, WA, AUS, 6009

Website

https://www.pureresources.com.au

Pure Resources Ltd is a mineral exploration company that holds key projects located in the Killarney Project, Mount Monger Project, Yandal Project, Yundamindra Project, and Eastern Goldfields regions of Western Australia. It holds an interest in nickel, copper, and gold projects.

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