GOLXF (Golden Lake Exploration) LT-Debt-to-Total-Asset : 0.00 (As of Aug. 2024)

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What is Golden Lake 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. Golden Lake Exploration's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.00.

Golden Lake Exploration's long-term debt to total assets ratio stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00).

Golden Lake Exploration LT-Debt-to-Total-Asset Historical Data

The historical data trend for Golden Lake 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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Golden Lake Exploration LT-Debt-to-Total-Asset Chart

Golden Lake Exploration Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

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Golden Lake Exploration Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Golden Lake Exploration LT-Debt-to-Total-Asset Calculation

Golden Lake Exploration's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	0	/	7.192
	=

Golden Lake Exploration's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	0	/	7.549
	=

Golden Lake Exploration (OTCPK:GOLXF) 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.

Golden Lake Exploration LT-Debt-to-Total-Asset Related Terms

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Golden Lake Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Lake Exploration Inc (OTCPK:GOLXF) » Definitions » LT-Debt-to-Total-Asset

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GLM:Canada

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.goldenlakex.com

Golden Lake Exploration Inc is a Canada-based company engaged in the acquisition and exploration of mineral property assets. It holds interests in the projects of Jewel Ridge Project, Copperview Project, Conglin Creek Copper Project, Full Monty Property, Deadman Lake, and South Dill Project.