Sable Exploration And Mining (JSE:SXM) LT-Debt-to-Total-Asset: 0.00 (As of Aug. 2024)


What is Sable Exploration And Mining LT-Debt-to-Total-Asset?

Sable Exploration And Mining JSE:SXM LT-Debt-to-Total-Asset is 0.00 as of Aug. 2024.

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. Sable Exploration And Mining's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.00.

Sable Exploration And Mining's long-term debt to total assets ratio stayed the same from Aug. 2023 (0.00) to Aug. 2024 (0.00).


Sable Exploration And Mining  (JSE:SXM) 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.


Sable Exploration And Mining LT-Debt-to-Total-Asset Related Terms


Sable Exploration And Mining LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Sable Exploration And Mining'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.

Sable Exploration And Mining LT-Debt-to-Total-Asset Chart

Sable Exploration And Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.60 9.29 57.36 0.00 0.00

Sable Exploration And Mining Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.00 0.00 0.00

Sable Exploration And Mining LT-Debt-to-Total-Asset Calculation

Sable Exploration And Mining'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 )
=0/20.541
=

Sable Exploration And Mining'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 )
=0/6.203
=

* 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 0.00 mean?
Sable Exploration And Mining (JSE:SXM) has a LT-Debt-to-Total-Asset of 0.00 as of Aug. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Sable Exploration And Mining and its competitors.
Is Sable Exploration And Mining's LT-Debt-to-Total-Asset too high?
Sable Exploration And Mining's current LT-Debt-to-Total-Asset is 0.00.
How does Sable Exploration And Mining's LT-Debt-to-Total-Asset compare to HL?
Sable Exploration And Mining's LT-Debt-to-Total-Asset of 0.00 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 Sable Exploration And Mining and its competitors. Sable Exploration And Mining's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sable Exploration And Mining stock overvalued right now?
Sable Exploration And Mining (JSE:SXM) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Sable Exploration And Mining (JSE:SXM), the current LT-Debt-to-Total-Asset is 0.00 as of Aug. 2024. 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.

Sable Exploration And Mining Business Description

Address 31 Imala Road, Building 4, Chistlehurston, Sandton, GT, ZAF, 2192
Sable Exploration And Mining Ltd is an investment and management company with trading subsidiaries engaged in the exploration, prospecting, development and mining of mineral resources.