NXGCF (NeXGold Mining) LT-Debt-to-Total-Asset: 0.02 (As of Mar. 2026)


NXGCF NeXGold Mining Corp NXGCF
35 GF Score
Price $0.90
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What is NeXGold Mining LT-Debt-to-Total-Asset?

NeXGold Mining NXGCF +1.13% 35 LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus rates NXGCF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review.

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. NeXGold Mining's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.02.

NeXGold Mining's long-term debt to total assets ratio declined from Mar. 2025 (0.13) to Mar. 2026 (0.02). It may suggest that NeXGold Mining is progressively becoming less dependent on debt to grow their business.

NeXGold Mining  (OTCPK:NXGCF) 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.

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

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

* Premium members only.

The historical data trend for NeXGold 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.

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

NeXGold Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.08 0.07 0.13 0.02

NeXGold Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.13 0.12 0.03 0.02 0.02
NXGCF
35GF Score
NeXGold Mining Corp NXGCF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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NeXGold Mining LT-Debt-to-Total-Asset Calculation

NeXGold Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=3.266/185.898
=

NeXGold Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=3.478/185.356
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.02 mean?
NeXGold Mining (NXGCF) has a LT-Debt-to-Total-Asset of 0.02 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NeXGold Mining and its competitors.
Is NeXGold Mining's LT-Debt-to-Total-Asset too high?
NeXGold Mining's current LT-Debt-to-Total-Asset is 0.02. Overall, NeXGold Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NeXGold Mining's LT-Debt-to-Total-Asset compare to NEM and AU?
NeXGold Mining's LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NeXGold Mining and its competitors. NeXGold Mining's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeXGold Mining stock overvalued right now?
NeXGold Mining (NXGCF) has a current LT-Debt-to-Total-Asset of 0.02. The current LT-Debt-to-Total-Asset is 0.02. NeXGold Mining's overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For NeXGold Mining (NXGCF), the current LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NeXGold Mining Business Description

Other Exchanges TRC:GermanyNEXG:Canada
Address 20 Adelaide Street, Suite 401, Toronto, ON, CAN, M5C 2T6
NeXGold Mining Corp is an exploration-stage company. The company is engaged in the exploration and evaluation of mineral resources. The company's project includes the Goldboro gold project; Goliath gold complex, that includes: Goliath gold project, Goldlund project, Miller gold project; and Exploration Projects include: Niblack project, Weebigee-sandy lake project, Gold rock project.
35GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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