Avocet Mining (Avocet Mining) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2018)

View and export this data going back to 2013. Start your Free Trial

What is Avocet 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. Avocet Mining's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.00.

Avocet Mining's long-term debt to total assets ratio declined from Jun. 2017 (0.04) to Jun. 2018 (0.00). It may suggest that Avocet Mining is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Avocet 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.

* Premium members only.

Avocet Mining LT-Debt-to-Total-Asset Chart

Avocet Mining Annual Data

Trend

Mar08

Mar09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.21

0.34

0.45

0.20

Avocet Mining Semi-Annual Data
	Mar08	Sep08	Mar09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.20	0.04	-	-

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

Avocet Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	0	/	22.941
	=

Avocet Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )	/	Total Assets (Q: Jun. 2018 )
	=	0	/	2.088
	=

Avocet Mining (OTCPK:AVVGY) 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.

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

Thank you for viewing the detailed overview of Avocet Mining's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Avocet Mining (Avocet Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avocet Mining PLC (OTCPK:AVVGY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF

Website

http://www.avocetmining.com

Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

Avocet Mining (Avocet Mining) Headlines

No Headlines