Woomera Mining (ASX:WML) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Woomera Mining 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. Woomera Mining's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Woomera Mining's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.01). It may suggest that Woomera Mining is progressively becoming more dependent on debt to grow their business.

Woomera Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Woomera Mining'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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Woomera Mining LT-Debt-to-Total-Asset Chart

Woomera Mining Annual Data

Trend

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Jun23

LT-Debt-to-Total-Asset

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0.01

Woomera Mining Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.01	0.01

Woomera Mining LT-Debt-to-Total-Asset Calculation

Woomera Mining'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 )
	=	0.078	/	9.364
	=

Woomera Mining'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 )
	=	0.057	/	11.242
	=

Woomera Mining (ASX:WML) 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.

Woomera Mining LT-Debt-to-Total-Asset Related Terms

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Woomera Mining (ASX:WML) Business Description

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

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Address

147 Pirie Street, Suite 116, Aurora on Pirie, Adelaide, SA, AUS, 5000

Website

https://www.woomeramining.com.au

Woomera Mining Ltd is an Australian engaged ins the exploration and delineation of mineral resources. It explores and develops copper, silver, gold, uranium, and specialty metals tenements. Its projects include Musgrave, Labyrinth, Ravensthorpe Lithium, Mount Venn JV, and Wyloo Dome Gold Project.

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