GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio2 Ltd (FRA:1SB) » Definitions » LT-Debt-to-Total-Asset

Rio2 (FRA:1SB) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Rio2 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. Rio2's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Rio2's long-term debt to total assets ratio declined from Jun. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Rio2 is progressively becoming less dependent on debt to grow their business.


Rio2 LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rio2'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.

Rio2 LT-Debt-to-Total-Asset Chart

Rio2 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Rio2 Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 - - - - -

Rio2 LT-Debt-to-Total-Asset Calculation

Rio2's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0.477/108.618
=

Rio2's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0.175/108.154
=

* 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.


Rio2  (FRA:1SB) 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.


Rio2 LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Rio2's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Rio2 Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1000, The Marine Building, Vancouver, BC, CAN, V6C 2G8
Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile. The Company has four operating segments in four geographic areas which is the corporate office in Canada, the financing of the Fenix Gold Project in the Bahamas the support of the Fenix Gold Project in Peru, and the development of the Fenix Gold Project in Chile.

Rio2 Headlines

No Headlines