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

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

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

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

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

Patronus Resources Annual Data

Trend

Jun15

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Jun24

LT-Debt-to-Total-Asset

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Patronus Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

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

Patronus 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	/	86.239
	=

Patronus 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 )
	=	0.158	/	82.989
	=

Patronus Resources (ASX:PTN) 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.

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

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Patronus Resources Business Description

Industry

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

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Traded in Other Exchanges

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Address

24 Outram Street, Level 1, West Perth, WA, AUS, 6005

Website

https://www.kinmining.com.au

Patronus Resources Ltd is a gold exploration company. The company is engaged in the exploration and development of gold properties. It holds a 100% interest in the Cardinia Gold Project.