WA Kaolin (ASX:WAK) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is WA Kaolin 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. WA Kaolin's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

WA Kaolin's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.11). It may suggest that WA Kaolin is progressively becoming more dependent on debt to grow their business.

WA Kaolin LT-Debt-to-Total-Asset Historical Data

The historical data trend for WA Kaolin'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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WA Kaolin LT-Debt-to-Total-Asset Chart

WA Kaolin Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.58

0.76

0.72

0.34

0.11

WA Kaolin Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.33	0.34	0.10	0.11	0.11

WA Kaolin LT-Debt-to-Total-Asset Calculation

WA Kaolin'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 )
	=	3.844	/	36.629
	=	0.10

WA Kaolin'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 )
	=	3.901	/	36.884
	=	0.11

WA Kaolin (ASX:WAK) 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.

WA Kaolin LT-Debt-to-Total-Asset Related Terms

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WA Kaolin Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Ward Road, Rockingham, Perth, WA, AUS, 6168

Website

https://www.wakaolin.com.au

WA Kaolin Ltd is engaged in the business of extraction, processing, and production of kaolin. The company mines and processes kaolin and kaolin-based products.

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