Endomines Finland Oyj (FRA:H13) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2024)

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What is Endomines Finland Oyj 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. Endomines Finland Oyj's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.11.

Endomines Finland Oyj's long-term debt to total assets ratio declined from Dec. 2023 (0.24) to Dec. 2024 (0.11). It may suggest that Endomines Finland Oyj is progressively becoming less dependent on debt to grow their business.

Endomines Finland Oyj LT-Debt-to-Total-Asset Historical Data

The historical data trend for Endomines Finland Oyj'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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Endomines Finland Oyj LT-Debt-to-Total-Asset Chart

Endomines Finland Oyj Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.16

0.21

0.19

0.24

0.11

Endomines Finland Oyj Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.19	0.24	0.24	0.22	0.11

Endomines Finland Oyj LT-Debt-to-Total-Asset Calculation

Endomines Finland Oyj's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	8.3	/	75.8
	=	0.11

Endomines Finland Oyj's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	8.3	/	75.8
	=	0.11

Endomines Finland Oyj (FRA:H13) 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.

Endomines Finland Oyj LT-Debt-to-Total-Asset Related Terms

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Endomines Finland Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Endomines Finland Oyj (FRA:H13) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PAMPALO:Finland

Address

Ahventie 4 A, Espoo, FIN, 02170

Website

https://www.endomines.com

Endomines Finland Oyj is a mining and exploration company with a primary focus on gold. It is engaged in mining operations at the Pampalo mine in Ilomantsi, and in exploration activities along the Karelian Gold Line in Eastern Finland. It also owns the rights to seven gold deposits in the United States. The company's reportable operating segments are; Pampalo production, Karelian gold line, and USA operations. The Pampalo production segment which generates key revenue for the company consists of the operations of the underground mine and open pit, the operations of the concentrator, and the sale of gold concentrate.

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