GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Phoenix Copper Ltd (OTCPK:PXCLF) » Definitions » LT-Debt-to-Total-Asset

PXCLF (Phoenix Copper) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Phoenix Copper 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. Phoenix Copper's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

Phoenix Copper's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.07). It may suggest that Phoenix Copper is progressively becoming more dependent on debt to grow their business.

Phoenix Copper LT-Debt-to-Total-Asset Historical Data

The historical data trend for Phoenix Copper'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.

Phoenix Copper LT-Debt-to-Total-Asset Chart

Phoenix Copper 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 0.07 - - - -

Phoenix Copper Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - 0.07

Phoenix Copper LT-Debt-to-Total-Asset Calculation

Phoenix Copper'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 )
=0/40.512
=

Phoenix Copper's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=4.14/56.175
=

* 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.

Phoenix Copper  (OTCPK:PXCLF) 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.

Phoenix Copper LT-Debt-to-Total-Asset Related Terms

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

Phoenix Copper Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Phoenix Copper Ltd (OTCPK:PXCLF) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
LSE:MET1 LSE:TUN LSE:FRG LSE:GEX LSE:BEM LSE:HREE AQSE:MARU LSE:THR LSE:VAST LSE:SML ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN BSP:VALE3 MEX:GMEXICOB LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
PXCLY:USA PXC:UK 5HR:Germany
Address
Wickhams Cay 1, Road Town, OMC Chambers, Tortola, VGB, VG1110
Website
https://www.phoenixcopperlimited.com
Phoenix Copper Ltd is a USA-focused, base and precious metal emerging producer and exploration company. It is evaluating the silver and gold resources around three other past-producing mines within the 8,034-acre Empire claims block as well as cobalt in two claims blocks north of Empire in Idaho. Its operations are focused near Mackay, Idaho in the Alder Creek mining district. This district includes the historical Empire, Horseshoe, White Knob, and Blue Bird Mines, past producers of copper, gold, silver, zinc, lead, and tungsten from underground mines. Additionally, the district includes Navarre Creek, a Carlin-trend gold discovery that hosts a 6.1 km gold strike length within a 9.8 km2 area.