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AUIWF (Aurania Resources) LT-Debt-to-Total-Asset : 3.75 (As of Sep. 2024)


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What is Aurania Resources 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. Aurania Resources's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 3.75.

Aurania Resources's long-term debt to total assets ratio declined from Sep. 2023 (14.84) to Sep. 2024 (3.75). It may suggest that Aurania Resources is progressively becoming less dependent on debt to grow their business.

Aurania Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aurania Resources'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.

* Premium members only.

Aurania Resources LT-Debt-to-Total-Asset Chart

Aurania Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.46 0.82 3.28 14.16

Aurania Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.84 14.16 12.71 2.72 3.75

Aurania Resources LT-Debt-to-Total-Asset Calculation

Aurania Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=7.493/0.529
=

Aurania Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=6.912/1.843
=

* 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.

Aurania Resources  (OTCPK:AUIWF) 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.

Aurania Resources LT-Debt-to-Total-Asset Related Terms

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Aurania Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aurania Resources Ltd (OTCPK:AUIWF) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
AUIAF:USA 20Q:Germany ARU:Canada
Address
8 King Street East, Suite 1800, Toronto, ON, CAN, M5C 1B5
Website
https://www.aurania.com
Aurania Resources Ltd is a junior mineral exploration mining company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper. Its geographical segments includes Ecuador, Peru and Switzerland. Its flagship project is The Lost Cities - Cutucu Project in Southeastern Ecuador.