Aben Minerals (FRA:R26) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Aben Minerals 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. Aben Minerals's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Aben Minerals's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.02). It may suggest that Aben Minerals is progressively becoming more dependent on debt to grow their business.

Aben Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aben Minerals'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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Aben Minerals LT-Debt-to-Total-Asset Chart

Aben Minerals Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.02

Aben Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	0.02	0.02	0.02

Aben Minerals LT-Debt-to-Total-Asset Calculation

Aben Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	0.177	/	9.086
	=

Aben Minerals'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 )
	=	0.188	/	9.123
	=

Aben Minerals (FRA:R26) 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.

Aben Minerals LT-Debt-to-Total-Asset Related Terms

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Aben Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aben Minerals Ltd (FRA:R26) » Definitions » LT-Debt-to-Total-Asset

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ABNAF:USA ABM:Canada

Address

505 Burrard Street, Suite 1030, Po Box 55, Vancouver, BC, CAN, V7X 1M5

Website

https://www.abenminerals.com

Aben Minerals Ltd is an exploration and development-stage company engaged in the business of acquisition, exploration, and evaluation of mineral resource properties. The company's projects include, Yukon Territory, VF Gold Project, Yukon Territory, Hit Property Option, Forrest Kerr Project, British Columbia, Justin Gold Project, Yukon. Geographically currently in British Columbia, Saskatchewan and Yukon, Canada.

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