Touchstone Gold (FRA:T03) LT-Debt-to-Total-Asset: 0.56 (As of Jun. 2014)


What is Touchstone Gold LT-Debt-to-Total-Asset?

Touchstone Gold FRA:T03 LT-Debt-to-Total-Asset is 0.56 as of Jun. 2014. The stock has 2 warning signs investors should review.

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. Touchstone Gold's long-term debt to total assests ratio for the quarter that ended in Jun. 2014 was 0.56.

Touchstone Gold's long-term debt to total assets ratio increased from Mar. 2013 (0.00) to Jun. 2014 (0.56). It may suggest that Touchstone Gold is progressively becoming more dependent on debt to grow their business.

Touchstone Gold  (FRA:T03) 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.

Touchstone Gold LT-Debt-to-Total-Asset Related Terms

Touchstone Gold LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Touchstone Gold'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.

Touchstone Gold LT-Debt-to-Total-Asset Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset
13.55 0.00 0.00 0.00 0.00

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.56

Touchstone Gold LT-Debt-to-Total-Asset Calculation

Touchstone Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=0/0.151
=

Touchstone Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (Q: Jun. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2014 )/Total Assets (Q: Jun. 2014 )
=0.684/1.218
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.56 mean?
Touchstone Gold (FRA:T03) has a LT-Debt-to-Total-Asset of 0.56 as of Jun. 2014. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Touchstone Gold and its competitors.
Is Touchstone Gold's LT-Debt-to-Total-Asset too high?
Touchstone Gold's current LT-Debt-to-Total-Asset is 0.56.
How does Touchstone Gold's LT-Debt-to-Total-Asset compare to THMG and DTRC?
Touchstone Gold's LT-Debt-to-Total-Asset of 0.56 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Touchstone Gold and its competitors. Touchstone Gold's current LT-Debt-to-Total-Asset is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchstone Gold stock overvalued right now?
Touchstone Gold (FRA:T03) has a current LT-Debt-to-Total-Asset of 0.56. The current LT-Debt-to-Total-Asset is 0.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Touchstone Gold (FRA:T03), the current LT-Debt-to-Total-Asset is 0.56 as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Touchstone Gold Business Description

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.