HRFEF (Harfang Exploration) LT-Debt-to-Total-Asset : 0.01 (As of Oct. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Harfang 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. Harfang Exploration's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.01.

Harfang Exploration's long-term debt to total assets ratio declined from Oct. 2023 (0.01) to Oct. 2024 (0.01). It may suggest that Harfang Exploration is progressively becoming less dependent on debt to grow their business.

Harfang Exploration LT-Debt-to-Total-Asset Historical Data

The historical data trend for Harfang 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.

* Premium members only.

Harfang Exploration LT-Debt-to-Total-Asset Chart

Harfang Exploration Annual Data

Trend

Oct14

Oct15

Oct16

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Harfang Exploration Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Harfang Exploration LT-Debt-to-Total-Asset Calculation

Harfang Exploration's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	0.082	/	12.36
	=

Harfang Exploration'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 )
	=	0.066	/	10.701
	=

Harfang Exploration (OTCPK:HRFEF) 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.

Harfang Exploration LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Harfang Exploration's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Harfang Exploration Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

HAR:Canada

Address

1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2

Website

https://www.harfangexploration.com

Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.

Harfang Exploration Headlines

From GuruFocus

Harfang Completes $4.25 Million Subscription Receipt Offering

By GlobeNewswire GlobeNewswire • 02-05-2022

Harfang Completes a Private Placement With Investors Including Institutional Funds

By GlobeNewswire GlobeNewswire • 09-17-2019

Harfang Announces the Grant of Stock Options to Directors, Officers, Employees and Consultants

By GlobeNewswire GlobeNewswire • 07-18-2018

Harfang Completes a $ 4.2M Private Placement

By GlobeNewswire GlobeNewswire • 12-09-2020

Harfang Announces Closing of Private Placement

By GlobeNewswire • 12-23-2023

Harfang Completes a $2.5M Private Placement

By GlobeNewswire GlobeNewswire • 06-22-2020

Harfang Completes a Flow Through Private Placement

By GlobeNewswire GlobeNewswire • 11-03-2021