Terramin Australia (ASX:TZN) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2024)

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What is Terramin Australia 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. Terramin Australia's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.16.

Terramin Australia's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.16). It may suggest that Terramin Australia is progressively becoming more dependent on debt to grow their business.

Terramin Australia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Terramin Australia'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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Terramin Australia LT-Debt-to-Total-Asset Chart

Terramin Australia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.16

Terramin Australia 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															-	-	-	0.14	0.16

Terramin Australia LT-Debt-to-Total-Asset Calculation

Terramin Australia's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	10.36	/	65.198
	=	0.16

Terramin Australia'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 )
	=	10.36	/	65.198
	=	0.16

Terramin Australia (ASX:TZN) 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.

Terramin Australia LT-Debt-to-Total-Asset Related Terms

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Terramin Australia Business Description

Industry

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

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Address

2115 Callington Road, Strathalbyn, SA, AUS, 5255

Website

https://www.terramin.com.au

Terramin Australia Ltd is engaged in the development and exploration of base and precious metals and other economic mineral deposits. Its projects include Tala Hamza Zinc Project, Bird-in-Hand Gold Project, Angas Zinc Mine, and South Gawler Ranges Project among others. It is organised into business units based on geography and has two reportable operating segments being Australia which explores, develops and mines zinc, lead and gold deposits, and Northern Africa which develops a zinc deposit.

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