St-Georges Eco-Mining (FRA:85G1) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is St-Georges Eco-Mining 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. St-Georges Eco-Mining's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

St-Georges Eco-Mining's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.05). It may suggest that St-Georges Eco-Mining is progressively becoming less dependent on debt to grow their business.

St-Georges Eco-Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for St-Georges Eco-Mining'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.

St-Georges Eco-Mining LT-Debt-to-Total-Asset Chart

St-Georges Eco-Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.98

0.15

0.27

0.05

0.04

St-Georges Eco-Mining Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.04	0.05	0.05

St-Georges Eco-Mining LT-Debt-to-Total-Asset Calculation

St-Georges Eco-Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.755	/	19.069
	=

St-Georges Eco-Mining'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 )
	=	0.839	/	18.504
	=

St-Georges Eco-Mining (FRA:85G1) 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.

St-Georges Eco-Mining LT-Debt-to-Total-Asset Related Terms

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

St-Georges Eco-Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » St-Georges Eco-Mining Corp (FRA:85G1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SXOOF:USA SX:Canada

Address

1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A3G4

Website

https://www.stgeorgesecomining.com

St-Georges Eco-Mining Corp is engaged in the acquisition and exploration of mining properties. The company operates in one business segment: the acquisition and exploration of properties. It has four mining projects in Quebec, Canada: the Manicouagan Project, the Villebon Project, the Julie Project, and the Notre Dame Project.

St-Georges Eco-Mining Headlines

No Headlines