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

IGO (IIDDY) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

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

IGO's long-term debt to total assets ratio stayed the same from Dec. 2023 (0.01) to Dec. 2024 (0.01).


IGO LT-Debt-to-Total-Asset Historical Data

The historical data trend for IGO'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.

IGO LT-Debt-to-Total-Asset Chart

IGO Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.16 0.05 0.01

IGO Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.11 0.05 0.01 0.01 0.01

IGO LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=17.397/2368.393
=0.01

IGO'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 )
=13.743/1573.148
=0.01

* 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.


IGO  (OTCPK:IIDDY) 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.


IGO LT-Debt-to-Total-Asset Related Terms

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


IGO Business Description

Traded in Other Exchanges
Address
85 South Perth Esplanade, Suite 4, Level 5, South Shore Centre, South Perth, Perth, WA, AUS, 6151
IGO is a mining and exploration company based in Western Australia. Its primary asset is a minority stake in the Greenbushes lithium mine through a joint venture with Tianqi Lithium Corporation and Albemarle. Greenbushes is the world's highest-quality hard rock lithium resource. IGO also has interest in downstream processing through a 49% stake in the Kwinana lithium hydroxide refinery. Outside of lithium, IGO owns and operates the Nova nickel-copper-cobalt mine, which has a short remaining life.

IGO Headlines

From GuruFocus

March 2021 IGO Ltd Activities Report Call Transcript

By GuruFocus Research 02-13-2024

IGO Ltd Annual Shareholders Meeting Transcript

By GuruFocus Research 02-13-2024

IGO Ltd to Acquire Western Areas Ltd Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2021 IGO Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024

Q1 2023 IGO Ltd Activities Report Call Transcript

By GuruFocus Research 02-13-2024

Q3 2022 IGO Ltd Activities Report Call Transcript

By GuruFocus Research 02-13-2024

Q3 2024 IGO Ltd Activities Report Presentation Transcript

By GuruFocus Research 09-14-2024

Full Year 2023 IGO Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024