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Cordoba Minerals (Cordoba Minerals) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)


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What is Cordoba Minerals 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. Cordoba Minerals's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Cordoba Minerals's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.02). It may suggest that Cordoba Minerals is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Cordoba 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.

* Premium members only.

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

Cordoba Minerals Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.01 0.01 0.02

Cordoba Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.02 - 0.01 0.02

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

Cordoba Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0.642/39.033
=

Cordoba Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0.642/39.033
=

* 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.

Cordoba Minerals  (OTCPK:CDBMF) 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.

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

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Cordoba Minerals (Cordoba Minerals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cordoba Minerals Corp (OTCPK:CDBMF) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
7C6A:Germany CDB:Canada
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Website
https://www.cordobaminerals.com
Cordoba Minerals Corp is an exploration and development company. The principal business of the company is the acquisition, exploration, and development of precious and base metal properties. It is focused on projects located in Colombia and the United States. The geographical segments of the group are Canada, Colombia and the United States.