AURQF (Aurelius Minerals) LT-Debt-to-Total-Asset: 0.03 (As of Sep. 2022)

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What is Aurelius Minerals LT-Debt-to-Total-Asset?

Aurelius Minerals AURQF +50.00% LT-Debt-to-Total-Asset is 0.03 as of Sep. 2022.

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. Aurelius Minerals's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.03.

Aurelius Minerals's long-term debt to total assets ratio declined from Sep. 2021 (0.05) to Sep. 2022 (0.03). It may suggest that Aurelius Minerals is progressively becoming less dependent on debt to grow their business.

Aurelius Minerals  (OTCPK:AURQF) 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.

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

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

* Premium members only.

The historical data trend for Aurelius 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.

Aurelius Minerals LT-Debt-to-Total-Asset Chart

Aurelius Minerals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.03 0.05

Aurelius Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.05 0.05 0.05 0.05 0.03

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

Aurelius Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=0.281/5.208
=

Aurelius Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=0.124/3.598
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Aurelius Minerals (AURQF) has a LT-Debt-to-Total-Asset of 0.03 as of Sep. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Aurelius Minerals and its competitors.
Is Aurelius Minerals' LT-Debt-to-Total-Asset too high?
Aurelius Minerals' current LT-Debt-to-Total-Asset is 0.03.
How does Aurelius Minerals' LT-Debt-to-Total-Asset compare to NEM?
Aurelius Minerals' LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Aurelius Minerals and its competitors. Aurelius Minerals's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurelius Minerals stock overvalued right now?
Aurelius Minerals (AURQF) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Aurelius Minerals (AURQF), the current LT-Debt-to-Total-Asset is 0.03 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aurelius Minerals Business Description

Address 110 Yonge Street, Suite 1900, Toronto, ON, CAN, M5C 1T4
Aurelius Minerals Inc is a gold exploration company which holds the Aureus Gold Properties, including Aureus East and West and the Forest Hill Gold Project located in Nova Scotia. The company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada; the 968- hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend.