Semafo (OSTO:SMF) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2020)

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What is Semafo 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. Semafo's long-term debt to total assests ratio for the quarter that ended in Mar. 2020 was 0.01.

Semafo's long-term debt to total assets ratio declined from Mar. 2019 (0.06) to Mar. 2020 (0.01). It may suggest that Semafo is progressively becoming less dependent on debt to grow their business.

Semafo LT-Debt-to-Total-Asset Historical Data

The historical data trend for Semafo'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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Semafo LT-Debt-to-Total-Asset Chart

Semafo Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.08

0.06

0.13

0.08

0.01

Semafo Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.03	0.01	0.01

Semafo LT-Debt-to-Total-Asset Calculation

Semafo's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	143.788	/	10471.03
	=	0.01

Semafo's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

LT Debt to Total Assets (Q: Mar. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2020 )	/	Total Assets (Q: Mar. 2020 )
	=	140.529	/	10675.749
	=	0.01

Semafo (OSTO:SMF) 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.

Semafo LT-Debt-to-Total-Asset Related Terms

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Semafo (OSTO:SMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Semafo Inc (OSTO:SMF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

100 Alexis-Nihon Boulevard, 7th Floor, Saint-Laurent, QC, CAN, H4M 2P3

Website

http://www.semafo.com

Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Africa, such as Tapoa (Boungou Project), Mana, Kongolokoro (Bantou Zone), and Yactibo (Nabanga Deposit).

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