Red Pine Exploration (FRA:RPX) LT-Debt-to-Total-Asset : 0.01 (As of Jan. 2025)

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What is Red Pine Exploration 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. Red Pine Exploration's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.01.

Red Pine Exploration's long-term debt to total assets ratio increased from Oct. 2023 (0.00) to Jan. 2025 (0.01). It may suggest that Red Pine Exploration is progressively becoming more dependent on debt to grow their business.

Red Pine Exploration LT-Debt-to-Total-Asset Historical Data

The historical data trend for Red Pine Exploration'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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Red Pine Exploration LT-Debt-to-Total-Asset Chart

Red Pine Exploration Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

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0.01

0.15

0.03

Red Pine Exploration Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	0.02	-	0.01

Red Pine Exploration LT-Debt-to-Total-Asset Calculation

Red Pine Exploration's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	0	/	2.856
	=

Red Pine Exploration's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	0.067	/	5.657
	=

Red Pine Exploration (FRA:RPX) 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.

Red Pine Exploration LT-Debt-to-Total-Asset Related Terms

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Red Pine Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Pine Exploration Inc (FRA:RPX) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

RDEXF:USA RPX:Canada

Address

145 Wellington Street West, Suite 1001, Toronto, ON, CAN, M5J 1H8

Website

https://www.redpineexp.com

Red Pine Exploration Inc is a Canadian precious metals explorer company. It is involved in the identification, acquisition, and development of properties in Ontario, Canada. The company's flagship Wawa Gold Project is located 2km southeast of the Municipality of Wawa, in Northern Ontario. The property, comprising six thousand nine hundred and eighty six hectares, hosts several former mines with a combined historic production of One hundred twenty thousand oz gold.

Red Pine Exploration Headlines

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