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Anglo American (Anglo American) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)


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What is Anglo American 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. Anglo American's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Anglo American's long-term debt to total assets ratio increased from Dec. 2022 (0.19) to Dec. 2023 (0.23). It may suggest that Anglo American is progressively becoming more dependent on debt to grow their business.

Anglo American LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anglo American'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.

Anglo American LT-Debt-to-Total-Asset Chart

Anglo American Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.20 0.18 0.19 0.23

Anglo American Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only 0.18 0.18 0.19 0.23 0.23

Anglo American LT-Debt-to-Total-Asset Calculation

Anglo American'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 )
=15172/66544
=0.23

Anglo American's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=15172/66544
=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.

Anglo American  (OTCPK:NGLOY) 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.

Anglo American LT-Debt-to-Total-Asset Related Terms

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Anglo American (Anglo American) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglo American PLC (OTCPK:NGLOY) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
LSE:ADT1 LSE:SOLG LSE:KMR LSE:GFM LSE:ECOR LSE:CAPD LSE:JLP LSE:ALL LSE:TRR LSE:KOD ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 GMEXICOB MIC:GMKN TSX:TECK.B
Traded in Other Exchanges
AGL:South Africa AAUKF:USA ANM:Namibia AALl:UK AAL:UK NGLB:Germany AAM:Switzerland
Address
17 Charterhouse Street, London, GBR, EC1N 6RA
Website
https://www.angloamerican.com
Anglo American's mining portfolio spans many commodities and continents. Like fellow large diversified miners, Anglo has significant exposure to copper, iron ore and metallurgical coal, but it is unique among the global majors given its significant platinum group metals and diamonds output. The company accounts for about one third of the world's platinum supply and around 30% of palladium supply. Anglo also owns 85% of De Beers, in most years the world's largest supplier and marketer of rough gem diamonds by value. Anglo also plans to move back into the crop nutrients business via its Woodsmith polyhalite project in the United Kingdom.

Anglo American (Anglo American) Headlines

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