LKMNF (Lucky Minerals) LT-Debt-to-Total-Asset : 0.00 (As of Apr. 2024)

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What is Lucky Minerals 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. Lucky Minerals's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.00.

Lucky Minerals's long-term debt to total assets ratio declined from Apr. 2023 (0.00) to Apr. 2024 (0.00). It may suggest that Lucky Minerals is progressively becoming less dependent on debt to grow their business.

Lucky Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lucky Minerals'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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Lucky Minerals LT-Debt-to-Total-Asset Chart

Lucky Minerals Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.18

Lucky Minerals Quarterly Data
	Mar19	Jun19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Lucky Minerals LT-Debt-to-Total-Asset Calculation

Lucky Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	0	/	0.781
	=

Lucky Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	0	/	0.031
	=

Lucky Minerals (OTCPK:LKMNF) 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.

Lucky Minerals LT-Debt-to-Total-Asset Related Terms

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Lucky Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lucky Minerals Inc (OTCPK:LKMNF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2

Website

https://www.luckyminerals.com

Lucky Minerals Inc is engaged in the business of acquiring and exploring large-scale mineral systems in some districts. It owns an interest in the Fortuna Project in Ecuador that is a royalty-free exploration property and has the potential for the discovery of epithermal gold and copper, moly, gold porphyry type mineralization, as others found in the Andean Cordillera.