LMMFF (Livium) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Livium 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. Livium's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Livium's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.01). It may suggest that Livium is progressively becoming less dependent on debt to grow their business.

Livium LT-Debt-to-Total-Asset Historical Data

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

Livium Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.01

0.05

0.03

0.02

Livium Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.02	0.01

Livium LT-Debt-to-Total-Asset Calculation

Livium'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 )
	=	0.256	/	12.269
	=	0.02

Livium'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 )
	=	0.189	/	13.099
	=	0.01

Livium (OTCPK:LMMFF) 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.

Livium LT-Debt-to-Total-Asset Related Terms

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Livium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Livium Ltd (OTCPK:LMMFF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

3MW:Germany LIT:Australia

Address

79-83 High Street, Suite 1, Kew, Melbourne, VIC, AUS, 3101

Website

https://www.lithium-au.com

Livium Ltd seeks to drive and facilitate the global transition toward sustainable lithium production. The Company operates Australia's market of battery recyclers, produces critical battery material lithium ferro phosphate (LFP), and has developed a patented lithium extraction technology. It generates revenue through the recycling business and technologies capitalize on growing global lithium-ion battery demand and provide diversification benefits to global supply chains.

Livium Headlines

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