Anglesey Mining (LSE:AYM) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2024)

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What is Anglesey Mining 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. Anglesey Mining's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.20.

Anglesey Mining's long-term debt to total assets ratio increased from Sep. 2023 (0.20) to Sep. 2024 (0.20). It may suggest that Anglesey Mining is progressively becoming more dependent on debt to grow their business.

Anglesey Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anglesey 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.

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Anglesey Mining LT-Debt-to-Total-Asset Chart

Anglesey Mining Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.25

0.20

0.23

0.22

0.21

Anglesey Mining Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.22	0.20	0.21	0.20

Anglesey Mining LT-Debt-to-Total-Asset Calculation

Anglesey Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	3.914	/	18.857
	=

Anglesey Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	3.962	/	19.428
	=

Anglesey Mining (LSE:AYM) 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.

Anglesey Mining LT-Debt-to-Total-Asset Related Terms

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Anglesey Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglesey Mining PLC (LSE:AYM) » Definitions » LT-Debt-to-Total-Asset

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Address

Parys Mountain, Amlwch, Anglesey, GBR, LL68 9RE

Website

https://www.angleseymining.co.uk

Anglesey Mining PLC is engaged in the development of owned and managed mining projects. The company is involved in the business of exploring and evaluating the wholly-owned Parys Mountain project in North Wales, managing its interest in the Grangesberg properties, and has an investment in the Labrador iron project in eastern Canada. Its activities comprise one class of business which is mine exploration, evaluation, and development. The company's geographical segments include Sweden, Canada, and the United Kingdom.

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