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

View and export this data going back to 2010. Start your Free Trial

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

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

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

The historical data trend for Renascor 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.

* Premium members only.

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

Renascor Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Renascor Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

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

Renascor Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	0	/	168.968
	=

Renascor 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 )
	=	0.122	/	169.054
	=

Renascor Resources (ASX:RNU) 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.

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

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

Renascor Resources (ASX:RNU) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RSNUF:USA RU8:Germany RU8:Germany

Address

149 Flinders Street, Level 5, Adelaide, SA, AUS, 5000

Website

https://www.renascor.com.au

Renascor Resources Ltd is engaged in the exploration of graphite, copper, gold, uranium and other minerals in Australia. Its projects include Siviour Graphite Project, Munglinup Project, Eastern Eyre Project, Farina Project, Gairdner Project, Olary Project, and others.

Renascor Resources (ASX:RNU) Headlines

No Headlines