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BKTPF (Cruz Battery Metals) LT-Debt-to-Total-Asset : 0.03 (As of Oct. 2024)


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What is Cruz Battery 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. Cruz Battery Metals's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.03.

Cruz Battery Metals's long-term debt to total assets ratio declined from Oct. 2023 (0.03) to Oct. 2024 (0.03). It may suggest that Cruz Battery Metals is progressively becoming less dependent on debt to grow their business.

Cruz Battery Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cruz Battery 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.

* Premium members only.

Cruz Battery Metals LT-Debt-to-Total-Asset Chart

Cruz Battery Metals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.07 0.07 0.03 0.03

Cruz Battery 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 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 0.03 0.03 0.03 0.03 0.03

Cruz Battery Metals LT-Debt-to-Total-Asset Calculation

Cruz Battery 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 )
=0.1/3.714
=

Cruz Battery 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 )
=0.09/3.432
=

* 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.

Cruz Battery Metals  (OTCPK:BKTPF) 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.

Cruz Battery Metals LT-Debt-to-Total-Asset Related Terms

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Cruz Battery Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cruz Battery Metals Corp (OTCPK:BKTPF) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
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Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1K8
Website
https://www.cruzbatterymetals.com
Cruz Battery Metals Corp is an exploration company. Its principal business activities include acquiring and developing high-quality battery metals projects in ethical mining jurisdictions, essential for the rechargeable battery and renewable energy sectors. The projects of the company include the Hector Silver-Cobalt Project, the Nevada Clayton Valley West Lithium Prospect, and the Nevada Solar Lithium Project. It operates in the United States of America and Canada.