Altona Rare Earths (LSE:REE) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Altona Rare Earths 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. Altona Rare Earths's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Altona Rare Earths's long-term debt to total assets ratio stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Altona Rare Earths LT-Debt-to-Total-Asset Historical Data

The historical data trend for Altona Rare Earths'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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Altona Rare Earths LT-Debt-to-Total-Asset Chart

Altona Rare Earths Annual Data

Trend

Jun15

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Jun17

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Jun24

LT-Debt-to-Total-Asset

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0.14

Altona Rare Earths Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.14	-

Altona Rare Earths LT-Debt-to-Total-Asset Calculation

Altona Rare Earths'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 )
	=	0.322	/	2.29
	=

Altona Rare Earths'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	/	2.144
	=

Altona Rare Earths (LSE:REE) 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.

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Altona Rare Earths Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altona Rare Earths PLC (LSE:REE) » Definitions » LT-Debt-to-Total-Asset

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Address

Eccleston Yards, 25 Eccleston Place, London, GBR, SW1W 9NF

Website

https://www.altonare.com

Altona Rare Earths PLC is engaged in discovering and exploration. The operating segments of the company includes Corporate and Administrative-including activities of raising finance and seeking new investment and exploration opportunities, all based in the UK; and Mineral Exploration that is all based in Northwest Mozambique. Rare Earth Elements (REE) are mainly used to produce permanent magnets used in wind turbines and in electric vehicles drive trains and as such are essential Critical Raw Materials for the Green Energy Transition. It generates maximum revenue from Corporate and Administrative Segment.