GPXM (Golden Phoenix Minerals) LT-Debt-to-Total-Asset: 1.15 (As of Mar. 2016)

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What is Golden Phoenix Minerals LT-Debt-to-Total-Asset?

Golden Phoenix Minerals GPXM -99.00% LT-Debt-to-Total-Asset is 1.15 as of Mar. 2016.

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 Phoenix Minerals's long-term debt to total assests ratio for the quarter that ended in Mar. 2016 was 1.15.

Golden Phoenix Minerals's long-term debt to total assets ratio increased from Mar. 2015 (0.00) to Mar. 2016 (1.15). It may suggest that Golden Phoenix Minerals is progressively becoming more dependent on debt to grow their business.

Golden Phoenix Minerals  (OTCPK:GPXM) 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 Phoenix Minerals LT-Debt-to-Total-Asset Related Terms

Golden Phoenix Minerals LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Golden Phoenix Minerals'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.

Golden Phoenix Minerals LT-Debt-to-Total-Asset Chart

Golden Phoenix Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.00 0.00 0.00 1.29

Golden Phoenix Minerals Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.00 0.00 0.35 1.29 1.15

Golden Phoenix Minerals LT-Debt-to-Total-Asset Calculation

Golden Phoenix Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (A: Dec. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2015 )/Total Assets (A: Dec. 2015 )
=0.045/0.035
=

Golden Phoenix Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (Q: Mar. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2016 )/Total Assets (Q: Mar. 2016 )
=0.045/0.039
=

* 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 1.15 mean?
Golden Phoenix Minerals (GPXM) has a LT-Debt-to-Total-Asset of 1.15 as of Mar. 2016. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Golden Phoenix Minerals and its competitors.
Is Golden Phoenix Minerals' LT-Debt-to-Total-Asset too high?
Golden Phoenix Minerals' current LT-Debt-to-Total-Asset is 1.15.
How does Golden Phoenix Minerals' LT-Debt-to-Total-Asset compare to ECRTF and NOATF?
Golden Phoenix Minerals' LT-Debt-to-Total-Asset of 1.15 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 Golden Phoenix Minerals and its competitors. Golden Phoenix Minerals's current LT-Debt-to-Total-Asset is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Phoenix Minerals stock overvalued right now?
Golden Phoenix Minerals (GPXM) has a current LT-Debt-to-Total-Asset of 1.15. The current LT-Debt-to-Total-Asset is 1.15. 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 Golden Phoenix Minerals (GPXM), the current LT-Debt-to-Total-Asset is 1.15 as of Mar. 2016. 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.

Golden Phoenix Minerals Business Description

Address 125 East Main Street, Suite 602, American Fork, UT, USA, 84003
Golden Phoenix Minerals Inc is a mining and exploration company. Its property holdings are located in the Silver peak mining district near Tonopah, Nevada. The company seeks to maximize the value of its assets through exploration, joint ventures, and mineral royalties. It operates in the United States of America.