FRGGF (Forge Resources) LT-Debt-to-Total-Asset : 0.00 (As of Nov. 2024)

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

Forge Resources's long-term debt to total assets ratio stayed the same from Nov. 2023 (0.00) to Nov. 2024 (0.00).

Forge Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Forge 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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Forge Resources LT-Debt-to-Total-Asset Chart

Forge Resources Annual Data

Trend

Aug15

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Aug24

LT-Debt-to-Total-Asset

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Forge Resources Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Forge Resources LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	0	/	5.36
	=

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

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	0	/	5.091
	=

Forge Resources (OTCPK:FRGGF) 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.

Forge Resources LT-Debt-to-Total-Asset Related Terms

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Forge Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forge Resources Corp (OTCPK:FRGGF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

5YZ:Germany FRG:Canada

Address

1050 - 12471 Horseshoe Way, Richmond, BC, CAN, V7A 4X6

Website

https://www.forgeresourcescorp.com

Forge Resources Corp is a junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located fifty km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.