Northern Sun Mining (FRA:LM8A) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2015)

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What is Northern Sun 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. Northern Sun Mining's long-term debt to total assests ratio for the quarter that ended in Dec. 2015 was 0.01.

Northern Sun Mining's long-term debt to total assets ratio increased from Dec. 2014 (0.00) to Dec. 2015 (0.01). It may suggest that Northern Sun Mining is progressively becoming more dependent on debt to grow their business.

Northern Sun Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Northern Sun 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.

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Northern Sun Mining LT-Debt-to-Total-Asset Chart

Northern Sun Mining Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

LT-Debt-to-Total-Asset

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0.23

1.69

2.36

0.01

Northern Sun Mining Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	0.01

Northern Sun Mining LT-Debt-to-Total-Asset Calculation

Northern Sun Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )	/	Total Assets (A: Dec. 2015 )
	=	0.023	/	4.733
	=	0.00

Northern Sun Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (Q: Dec. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2015 )	/	Total Assets (Q: Dec. 2015 )
	=	0.023	/	4.733
	=	0.00

Northern Sun Mining (FRA:LM8A) 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.

Northern Sun Mining LT-Debt-to-Total-Asset Related Terms

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Northern Sun Mining (FRA:LM8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Sun Mining Corp (FRA:LM8A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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Address

Website

http://www.northernsunmining.ca

Liberty Mines Inc., is engaged in exploration, development and production of nickel and related base metals from its properties in Ontario, Canada. The Company is also involved in the exploration for and development of mineral resources.

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