CCOB (Century Cobalt) LT-Debt-to-Total-Asset: 0.00 (As of Aug. 2022)

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What is Century Cobalt LT-Debt-to-Total-Asset?

Century Cobalt CCOB LT-Debt-to-Total-Asset is 0.00 as of Aug. 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. Century Cobalt's long-term debt to total assests ratio for the quarter that ended in Aug. 2022 was 0.00.

Century Cobalt's long-term debt to total assets ratio declined from Aug. 2021 (0.02) to Aug. 2022 (0.00). It may suggest that Century Cobalt is progressively becoming less dependent on debt to grow their business.


Century Cobalt  (OTCPK:CCOB) 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.


Century Cobalt LT-Debt-to-Total-Asset Related Terms


Century Cobalt LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Century Cobalt'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.

Century Cobalt LT-Debt-to-Total-Asset Chart

Century Cobalt Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.52 0.28 0.37 0.00

Century Cobalt Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 0.02 0.00 0.00 0.00 0.00

Century Cobalt LT-Debt-to-Total-Asset Calculation

Century Cobalt's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

LT Debt to Total Assets (A: Nov. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2021 )/Total Assets (A: Nov. 2021 )
=0/0.159
=

Century Cobalt's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

LT Debt to Total Assets (Q: Aug. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2022 )/Total Assets (Q: Aug. 2022 )
=0/0.006
=

* 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 0.00 mean?
Century Cobalt (CCOB) has a LT-Debt-to-Total-Asset of 0.00 as of Aug. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Century Cobalt and its competitors.
Is Century Cobalt's LT-Debt-to-Total-Asset too high?
Century Cobalt's current LT-Debt-to-Total-Asset is 0.00.
How does Century Cobalt's LT-Debt-to-Total-Asset compare to LBSR and BOXS?
Century Cobalt's LT-Debt-to-Total-Asset of 0.00 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 Century Cobalt and its competitors. Century Cobalt's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Cobalt stock overvalued right now?
Century Cobalt (CCOB) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Century Cobalt (CCOB), the current LT-Debt-to-Total-Asset is 0.00 as of Aug. 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.

Century Cobalt Business Description

Address 10100 Santa Monica Boulevard, Suite 300, Century City, Los Angeles, CA, USA, 90067
Century Cobalt Corp is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties for the purposes of discovering economical cobalt assets.