GDPEF (Resource Capital Gold) LT-Debt-to-Total-Asset: 0.01 (As of Sep. 2018)


What is Resource Capital Gold LT-Debt-to-Total-Asset?

Resource Capital Gold GDPEF -99.00% LT-Debt-to-Total-Asset is 0.01 as of Sep. 2018.

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. Resource Capital Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2018 was 0.01.

Resource Capital Gold's long-term debt to total assets ratio declined from Sep. 2017 (0.01) to Sep. 2018 (0.01). It may suggest that Resource Capital Gold is progressively becoming less dependent on debt to grow their business.

Resource Capital Gold  (OTCPK:GDPEF) 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.

Resource Capital Gold LT-Debt-to-Total-Asset Related Terms

Resource Capital Gold LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Resource Capital 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.

Resource Capital Gold LT-Debt-to-Total-Asset Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.02 0.01

Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.13 0.12 0.01 0.01

Resource Capital Gold LT-Debt-to-Total-Asset Calculation

Resource Capital Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (A: Jun. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2018 )/Total Assets (A: Jun. 2018 )
=0.199/25.21
=

Resource Capital Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

LT Debt to Total Assets (Q: Sep. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2018 )/Total Assets (Q: Sep. 2018 )
=0.134/25.224
=

* 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 0.01 mean?
Resource Capital Gold (GDPEF) has a LT-Debt-to-Total-Asset of 0.01 as of Sep. 2018. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Resource Capital Gold and its competitors.
Is Resource Capital Gold's LT-Debt-to-Total-Asset too high?
Resource Capital Gold's current LT-Debt-to-Total-Asset is 0.01.
How does Resource Capital Gold's LT-Debt-to-Total-Asset compare to competitors?
Resource Capital Gold's LT-Debt-to-Total-Asset of 0.01 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 Resource Capital Gold and its competitors. Resource Capital Gold's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resource Capital Gold stock overvalued right now?
Resource Capital Gold (GDPEF) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. 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 Resource Capital Gold (GDPEF), the current LT-Debt-to-Total-Asset is 0.01 as of Sep. 2018. 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.

Resource Capital Gold Business Description

Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.