Peloton Minerals (Peloton Minerals) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Peloton Minerals 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. Peloton Minerals's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Peloton Minerals's long-term debt to total assets ratio declined from Dec. 2022 (1.21) to Mar. 2024 (0.08). It may suggest that Peloton Minerals is progressively becoming less dependent on debt to grow their business.

Peloton Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Peloton Minerals'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.

Peloton Minerals LT-Debt-to-Total-Asset Chart

Peloton Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

1.37

0.22

0.17

1.21

0.10

Peloton Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.21	1.06	1.01	0.10	0.08

Peloton Minerals LT-Debt-to-Total-Asset Calculation

Peloton Minerals'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 )
	=	0.167	/	1.645
	=

Peloton Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.127	/	1.561
	=

Peloton Minerals (OTCPK:PMCCF) 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.

Peloton Minerals LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Peloton Minerals's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Peloton Minerals (Peloton Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Peloton Minerals Corp (OTCPK:PMCCF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PMC:Canada

Address

380 Wellington Street, London City Centre, 6th Floor, Tower B, London, ON, CAN, N6A 5B5

Website

https://www.pelotonminerals.com

Peloton Minerals Corp is a Canada based company. The company is an exploration stage company that is engaged in the business of locating and exploring mineral properties. The company holds three Carlin-style gold exploration projects situated on the Carlin and Long Canyon Gold Trends in Elko County, Nevada, all of which are permitted for drilling.

Peloton Minerals (Peloton Minerals) Headlines

No Headlines