Southern Cross Gold (ASX:SXG) LT-Debt-to-Total-Asset : 0.00 (As of Nov. 2023)

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What is Southern Cross Gold 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. Southern Cross Gold's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.00.

Southern Cross Gold's long-term debt to total assets ratio stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00).

Southern Cross Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Southern Cross Gold'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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Southern Cross Gold LT-Debt-to-Total-Asset Chart

Southern Cross Gold Annual Data

Trend

May23

May24

LT-Debt-to-Total-Asset

0.01

Southern Cross Gold Semi-Annual Data
	Dec21	Nov22	May23	Nov23	May24
LT-Debt-to-Total-Asset	-	-	0.01	-	-

Southern Cross Gold LT-Debt-to-Total-Asset Calculation

Southern Cross Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	0.114	/	40.351
	=

Southern Cross Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )	/	Total Assets (Q: Nov. 2023 )
	=	0	/	30.931
	=

Southern Cross Gold (ASX:SXG) 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.

Southern Cross Gold LT-Debt-to-Total-Asset Related Terms

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Southern Cross Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Cross Gold Ltd (ASX:SXG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SXGDF:USA

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.southerncrossgold.com.au

Southern Cross Gold Ltd is a mining exploration company focused on gold exploration with projects in Victoria and Queensland, Australia. Its projects include Sunday Creek, Redcastle, and Mt Isa.

Southern Cross Gold Headlines

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