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LLLAF (Leo Lithium) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


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What is Leo Lithium 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. Leo Lithium's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Leo Lithium's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.00). It may suggest that Leo Lithium is progressively becoming less dependent on debt to grow their business.


Leo Lithium LT-Debt-to-Total-Asset Historical Data

The historical data trend for Leo Lithium'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.

Leo Lithium LT-Debt-to-Total-Asset Chart

Leo Lithium Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - 0.01

Leo Lithium Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset - - 0.01 0.01 -

Leo Lithium LT-Debt-to-Total-Asset Calculation

Leo Lithium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0.769/125.551
=

Leo Lithium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.679/167.472
=

* 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.


Leo Lithium  (OTCPK:LLLAF) 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.


Leo Lithium LT-Debt-to-Total-Asset Related Terms

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Leo Lithium Business Description

Traded in Other Exchanges
N/A
Address
16 Ventnor Avenue, Level 2, West Perth, WA, AUS, 6005
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina JV and exploration for minerals.

Leo Lithium Headlines