JLRRF (South Atlantic Gold) LT-Debt-to-Total-Asset : 0.00 (As of Aug. 2024)

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What is South Atlantic Gold 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. South Atlantic Gold's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.00.

South Atlantic Gold's long-term debt to total assets ratio stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00).

South Atlantic Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for South Atlantic Gold'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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South Atlantic Gold LT-Debt-to-Total-Asset Chart

South Atlantic Gold Annual Data

Trend

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Feb24

LT-Debt-to-Total-Asset

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South Atlantic Gold 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															-	-	-	-	-

South Atlantic Gold LT-Debt-to-Total-Asset Calculation

South Atlantic Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	0	/	3.033
	=

South Atlantic Gold'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	/	2.713
	=

South Atlantic Gold (OTCPK:JLRRF) 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.

South Atlantic Gold LT-Debt-to-Total-Asset Related Terms

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South Atlantic Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Atlantic Gold Inc (OTCPK:JLRRF) » Definitions » LT-Debt-to-Total-Asset

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SAO:Canada

Address

1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.southatlanticgold.com

South Atlantic Gold Inc is primarily engaged in the acquisition, exploration, and development of mineral properties located in Brazil and Canada. The company's current properties include the Pendra Branca Project in Brazil and the Bigg Kidd project currently under the option and located in British Columbia.

South Atlantic Gold Headlines

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