AVRTF (Avarone Metals) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2024)

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What is Avarone Metals 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. Avarone Metals's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.00.

Avarone Metals's long-term debt to total assets ratio stayed the same from Oct. 2023 (0.00) to Oct. 2024 (0.00).

Avarone Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avarone Metals'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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Avarone Metals LT-Debt-to-Total-Asset Chart

Avarone Metals Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.51

0.40

0.25

Avarone Metals Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Avarone Metals LT-Debt-to-Total-Asset Calculation

Avarone Metals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	0	/	0.015
	=

Avarone Metals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	0	/	0.013
	=

Avarone Metals (OTCPK:AVRTF) 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.

Avarone Metals LT-Debt-to-Total-Asset Related Terms

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Avarone Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avarone Metals Inc (OTCPK:AVRTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

W2U1:Germany AVM.X:Canada

Address

1479 - 329 Howe Street, Vancouver, BC, CAN, V6C 3N2

Website

http://www.avarone.com

Avarone Metals Inc is an exploration stage company. The company is in the process of searching for resource properties to explore.

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