Terra Metals (Terra Metals) LT-Debt-to-Total-Asset : 0.41 (As of Jun. 2019)

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What is Terra Metals 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. Terra Metals's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.41.

Terra Metals's long-term debt to total assets ratio increased from Jun. 2018 (0.00) to Jun. 2019 (0.41). It may suggest that Terra Metals is progressively becoming more dependent on debt to grow their business.

Terra Metals LT-Debt-to-Total-Asset Historical Data

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

Terra Metals Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

LT-Debt-to-Total-Asset

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0.41

Terra Metals Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Dec19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.13	-	0.41	-

Terra Metals LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2019 )	/	Total Assets (A: Jun. 2019 )
	=	54.441	/	133.949
	=

Terra Metals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )	/	Total Assets (Q: Jun. 2019 )
	=	54.441	/	133.949
	=

Terra Metals (OTCPK:PNGZF) 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.

Terra Metals LT-Debt-to-Total-Asset Related Terms

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