Vault Minerals (ASX:VAU) LT-Debt-to-Total-Asset : 0.04 (As of Jun. 2024)

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What is Vault Minerals 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. Vault Minerals's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.04.

Vault Minerals's long-term debt to total assets ratio declined from Jun. 2023 (0.25) to Jun. 2024 (0.04). It may suggest that Vault Minerals is progressively becoming less dependent on debt to grow their business.

Vault Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vault Minerals'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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Vault Minerals LT-Debt-to-Total-Asset Chart

Vault Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.02

0.41

0.25

0.04

Vault Minerals Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.30	0.25	0.18	0.04

Vault Minerals LT-Debt-to-Total-Asset Calculation

Vault Minerals'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 )
	=	77.483	/	2167.553
	=	0.04

Vault Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	77.483	/	2167.553
	=	0.04

Vault Minerals (ASX:VAU) 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.

Vault Minerals LT-Debt-to-Total-Asset Related Terms

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Vault Minerals Business Description

Industry

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

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Traded in Other Exchanges

REDLF:USA RKM0:Germany

Address

85 South Perth Esplanade, Suite 4, Level 3, South Shore Centre, South Perth, Perth, WA, AUS, 6151

Website

https://www.red5limited.com

Vault Minerals Ltd formerly Red 5 Ltd is engaged in gold production, development, and mineral exploration assets in Australia. The company's operating segment includes King of the Hills, Mount Monger, Deflector, and Sugar Zone. The company generates the majority of its revenue from the King of the Hills project which produces gold bullion. The Deflector operation produces gold bullion and gold-copper concentrate.

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