Recharge Metals (ASX:REC) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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

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

Recharge Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Recharge Metals'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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Recharge Metals LT-Debt-to-Total-Asset Chart

Recharge Metals Annual Data

Trend

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.01

Recharge Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.02	0.01	-	-	-

Recharge Metals LT-Debt-to-Total-Asset Calculation

Recharge Metals'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	/	14.245
	=

Recharge Metals'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	/	14.44
	=

Recharge Metals (ASX:REC) 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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Recharge Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.rechargemetals.com.au

Recharge Metals Ltd is a mineral exploration company. Its principal activities include acquiring and developing a portfolio of exploration properties. The company's projects include; the Express Lithium Project, the Wapistan Lithium Project, the Newnham Lake Uranium Lithium Project in Canada, and the Brandy Hill South Project in Western Australia. It operates in a single segment, being mineral exploration in Australia.