GMRCF (Gelum Resources) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2024)

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

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

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

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

Gelum Resources Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

14.00

2.97

Gelum Resources Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

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

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

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	0	/	0.123
	=

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

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	0	/	0.106
	=

Gelum Resources (OTCPK:GMRCF) 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.

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Gelum Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gelum Resources Ltd (OTCPK:GMRCF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

GMR:Canada

Address

200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6

Website

https://www.gelumresources.com

Gelum Resources Ltd is engaged in the acquisition, exploration, and evaluation of mineral properties. Its Eldorado Gold Property is located within the Bralorne-Bridge River Gold District in south-central British Columbia.

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