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BlueRock Diamonds (LSE:BRD) LT-Debt-to-Total-Asset : 0.23 (As of Jun. 2022)


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What is BlueRock Diamonds 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. BlueRock Diamonds's long-term debt to total assests ratio for the quarter that ended in Jun. 2022 was 0.23.

BlueRock Diamonds's long-term debt to total assets ratio increased from Jun. 2021 (0.19) to Jun. 2022 (0.23). It may suggest that BlueRock Diamonds is progressively becoming more dependent on debt to grow their business.

BlueRock Diamonds LT-Debt-to-Total-Asset Historical Data

The historical data trend for BlueRock Diamonds'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.

BlueRock Diamonds LT-Debt-to-Total-Asset Chart

BlueRock Diamonds Annual Data
Trend Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.62 0.70 0.42 0.27 0.22

BlueRock Diamonds Semi-Annual Data
Mar13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.53 0.27 0.19 0.22 0.23

BlueRock Diamonds LT-Debt-to-Total-Asset Calculation

BlueRock Diamonds's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=1.897/8.581
=0.22

BlueRock Diamonds's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (Q: Jun. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2022 )/Total Assets (Q: Jun. 2022 )
=2.511/10.89
=0.23

* 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.

BlueRock Diamonds  (LSE:BRD) 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.

BlueRock Diamonds LT-Debt-to-Total-Asset Related Terms

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BlueRock Diamonds (LSE:BRD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BlueRock Diamonds PLC (LSE:BRD) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
George Street, 4th Floor, Reading Bridge House, Berkshire, Reading, GBR, RG1 8LS
Website
https://www.bluerockdiamonds.co.uk
BlueRock Diamonds PLC is engaged in diamond mining in the Kimberley region of South Africa. The company has a mining right and operates in the Kareevlei Tenements. Its Kareevlei Project has over 3000 hectares in the Northern Cape province of South Africa, which is approximately 100 kilometers North West of Kimberley. The company's revenue comprises the sale of rough diamonds.