Core Lithium (Core Lithium) LT-Debt-to-Total-Asset : 0.61 (As of Dec. 2014)

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What is Core Lithium 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. Core Lithium's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.61.

Core Lithium's long-term debt to total assets ratio increased from Dec. 2012 (0.00) to Dec. 2014 (0.61). It may suggest that Core Lithium is progressively becoming more dependent on debt to grow their business.

Core Lithium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Core Lithium'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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Core Lithium LT-Debt-to-Total-Asset Chart

Core Lithium Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

0.67

0.61

Core Lithium Quarterly Data
	Mar11	Sep11	Dec11	Mar12	Sep12	Dec12	Mar13	Sep13	Dec13	Dec14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	-	0.68	0.67	0.61

Core Lithium LT-Debt-to-Total-Asset Calculation

Core Lithium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	1.9	/	3.129
	=	0.61

Core Lithium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (Q: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )	/	Total Assets (Q: Dec. 2014 )
	=	1.9	/	3.129
	=

Core Lithium (GREY:CORX) 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.

Core Lithium LT-Debt-to-Total-Asset Related Terms

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Core Lithium (Core Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Core Lithium Corp (GREY:CORX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 East Fifth Street, 15th Floor, PMB No121, Cincinnati, OH, USA, 45202

Website

http://www.corelithium.com

Core Lithium Corp is a United States based development stage company. It is engaged in the business of exploration, mining, and development of prospective Lithium assets in North America.

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