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GPPRF (Cerro De Pasco Resources) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)


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What is Cerro De Pasco 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. Cerro De Pasco Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

Cerro De Pasco Resources's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Dec. 2024 (0.15). It may suggest that Cerro De Pasco Resources is progressively becoming more dependent on debt to grow their business.

Cerro De Pasco Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cerro De Pasco 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.

* Premium members only.

Cerro De Pasco Resources LT-Debt-to-Total-Asset Chart

Cerro De Pasco Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 0.01 0.02 -

Cerro De Pasco Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24 Dec24
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 - 0.36 0.15

Cerro De Pasco Resources LT-Debt-to-Total-Asset Calculation

Cerro De Pasco Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=0/35.878
=0.00

Cerro De Pasco Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=2.273/15.004
=

* 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.

Cerro De Pasco Resources  (OTCPK:GPPRF) 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.

Cerro De Pasco Resources LT-Debt-to-Total-Asset Related Terms

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Cerro De Pasco Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cerro De Pasco Resources Inc (OTCPK:GPPRF) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N8HP:Germany CDPR:Canada
Address
68 Avenue de la Gare, No. 205, Saint-Sauveur, QC, CAN, J0R 1R0
Website
https://www.pascoresources.com
Cerro De Pasco Resources Inc is a natural resource company engaged in acquiring and exploring mineral properties above-ground in Central Peru. Its assets comprise the mineral tailings (Quiulacocha) and stockpiles (Excelsior) of its El Metalurgista mining concession, a mine that has yielded tonnes of ore. The Quiulacocha Tailings Storage Facility covers tonnes of material processed. Its minimal mining costs due to surface-level material and current reprocessing capacity at adjacent plants, CDPR's Quiulacocha Project stands out as one of Peru's key mining initiatives, providing economic and environmental benefits in alignment with the needs of the local community.