CRSXQ (Corsa Coal) LT-Debt-to-Total-Asset: 0.09 (As of Jun. 2024)

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CRSXQ Corsa Coal Corp CRSXQ
12 GF Score
Price $0.15
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What is Corsa Coal LT-Debt-to-Total-Asset?

Corsa Coal CRSXQ -100.00% 12 LT-Debt-to-Total-Asset is 0.09 as of Jun. 2024. GuruFocus rates CRSXQ with a GF Score™ of 12/100.

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. Corsa Coal's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Corsa Coal's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.09). It may suggest that Corsa Coal is progressively becoming less dependent on debt to grow their business.

Corsa Coal  (OTCPK:CRSXQ) 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.

Corsa Coal LT-Debt-to-Total-Asset Related Terms

Corsa Coal LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Corsa Coal'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.

Corsa Coal LT-Debt-to-Total-Asset Chart

Corsa Coal Annual Data
Trend Dec14 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 0.09 0.15 0.13 0.12 0.11

Corsa Coal Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.12 0.11 0.11 0.09 0.09
CRSXQ
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Corsa Coal Corp CRSXQ
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Corsa Coal LT-Debt-to-Total-Asset Calculation

Corsa Coal'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 )
=20.157/191.281
=0.11

Corsa Coal's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=16.503/179.255
=0.09

* 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 0.09 mean?
Corsa Coal (CRSXQ) has a LT-Debt-to-Total-Asset of 0.09 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Corsa Coal and its competitors.
Is Corsa Coal's LT-Debt-to-Total-Asset too high?
Corsa Coal's current LT-Debt-to-Total-Asset is 0.09. Overall, Corsa Coal has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Corsa Coal's LT-Debt-to-Total-Asset compare to HCC and AMR?
Corsa Coal's LT-Debt-to-Total-Asset of 0.09 can be compared against companies in the Steel 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 Steel company?
A good LT-Debt-to-Total-Asset depends on the Steel 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 Corsa Coal and its competitors. Corsa Coal's current LT-Debt-to-Total-Asset is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corsa Coal stock overvalued right now?
Corsa Coal (CRSXQ) has a current LT-Debt-to-Total-Asset of 0.09. The current LT-Debt-to-Total-Asset is 0.09. Corsa Coal's overall GF Score™ is 12/100. 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 Corsa Coal (CRSXQ), the current LT-Debt-to-Total-Asset is 0.09 as of Jun. 2024. 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.

Corsa Coal Business Description

Address 1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel, as well as exploring, acquiring and developing resource properties that are consistent with its existing coal business. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments. Geographically, the company derives the majority of its revenue from the United States.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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