Northam Platinum Holdings (JSE:NPH) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is Northam Platinum Holdings 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. Northam Platinum Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Northam Platinum Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.18) to Dec. 2024 (0.12). It may suggest that Northam Platinum Holdings is progressively becoming less dependent on debt to grow their business.

Northam Platinum Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Northam Platinum Holdings'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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Northam Platinum Holdings LT-Debt-to-Total-Asset Chart

Northam Platinum Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.17

0.11

0.18

0.12

Northam Platinum Holdings Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.30	0.18	0.18	0.12	0.12

Northam Platinum Holdings LT-Debt-to-Total-Asset Calculation

Northam Platinum Holdings'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 )
	=	6573.777	/	54019.57
	=	0.12

Northam Platinum Holdings'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 )
	=	6346.743	/	53037.363
	=	0.12

Northam Platinum Holdings (JSE:NPH) 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.

Northam Platinum Holdings LT-Debt-to-Total-Asset Related Terms

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Northam Platinum Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Holdings Ltd (JSE:NPH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

NPTLF:USA 7JR:Germany

Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Midrand, Waterfall City, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary products are the three PGMs, platinum, palladium, and rhodium. The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine, Booysendal mine, Eland mine, and the U.S. recycling operations. The maximum revenue for the company is generated from its Zondereinde mine segment.

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