Karelian Diamond Resources (FRA:KJY1) LT-Debt-to-Total-Asset : 0.00 (As of May. 2024)

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What is Karelian Diamond Resources 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. Karelian Diamond Resources's long-term debt to total assests ratio for the quarter that ended in May. 2024 was 0.00.

Karelian Diamond Resources's long-term debt to total assets ratio declined from May. 2023 (0.01) to May. 2024 (0.00). It may suggest that Karelian Diamond Resources is progressively becoming less dependent on debt to grow their business.

Karelian Diamond Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Karelian Diamond Resources'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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Karelian Diamond Resources LT-Debt-to-Total-Asset Chart

Karelian Diamond Resources Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

LT-Debt-to-Total-Asset

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0.01

Karelian Diamond Resources Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	0.01	-

Karelian Diamond Resources LT-Debt-to-Total-Asset Calculation

Karelian Diamond Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	0	/	11.811
	=

Karelian Diamond Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2024 is calculated as

LT Debt to Total Assets (Q: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2024 )	/	Total Assets (Q: May. 2024 )
	=	0	/	11.811
	=

Karelian Diamond Resources (FRA:KJY1) 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.

Karelian Diamond Resources LT-Debt-to-Total-Asset Related Terms

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Karelian Diamond Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Karelian Diamond Resources PLC (FRA:KJY1) » Definitions » LT-Debt-to-Total-Asset

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KDR:UK

Address

Shannon Free Zone, Shannon Airport House, County Clare, Shannon, IRL, V14 E370

Website

http://www.kareliandiamondresources.com

Karelian Diamond Resources PLC is an Ireland-based company which focuses on the discovery of diamond deposits in Finland. It is engaged in exploring for diamonds and evaluating an existing diamond prospect (diamondiferous kimberlite pipe) in the Karelian Craton of Finland. The company's diamond exploration projects include The Lahtojoki diamond project, The Seitapera diamondiferous kimberlite pipe, and The Riihivaara diamond exploration project which is in Kuopio, Kuhmo and Riihivaara respectively.

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