FCLIF (Full Circle Lithium) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2024)

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What is Full Circle 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. Full Circle Lithium's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.00.

Full Circle Lithium's long-term debt to total assets ratio declined from Oct. 2023 (0.06) to Oct. 2024 (0.00). It may suggest that Full Circle Lithium is progressively becoming less dependent on debt to grow their business.

Full Circle Lithium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Full Circle 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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Full Circle Lithium LT-Debt-to-Total-Asset Chart

Full Circle Lithium Annual Data

Trend

Dec21

Oct22

Oct23

LT-Debt-to-Total-Asset

0.12

0.06

Full Circle Lithium Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.06	-	-	-	-

Full Circle Lithium LT-Debt-to-Total-Asset Calculation

Full Circle Lithium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	0.481	/	8.421
	=

Full Circle Lithium'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	/	5.625
	=

Full Circle Lithium (OTCPK:FCLIF) 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.

Full Circle Lithium LT-Debt-to-Total-Asset Related Terms

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Full Circle Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Full Circle Lithium Corp (OTCPK:FCLIF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

FCLI:Canada

Address

110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4

Website

https://www.fullcirclelithium.com

Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. The company operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X.