RAFX (Rafex Gold) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2023)


RAFX Rafex Gold Corp RAFX
39 GF Score
Price $0.50
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What is Rafex Gold LT-Debt-to-Total-Asset?

Rafex Gold RAFX -50.32% 39 LT-Debt-to-Total-Asset is 0.00 as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

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. Rafex Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Rafex Gold's long-term debt to total assets ratio stayed the same from . 20 (0.00) to Sep. 2023 (0.00).

Rafex Gold  (OTCPK:RAFX) 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.

Rafex Gold LT-Debt-to-Total-Asset Related Terms

Rafex Gold LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Rafex Gold'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.

Rafex Gold LT-Debt-to-Total-Asset Chart

Rafex Gold Annual Data
Trend
LT-Debt-to-Total-Asset

Rafex Gold Quarterly Data
Sep22 Sep23
LT-Debt-to-Total-Asset 0.00 0.00
RAFX
39GF Score
Rafex Gold Corp RAFX
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafex Gold LT-Debt-to-Total-Asset Calculation

Rafex Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )=Long-Term Debt & Capital Lease Obligation (A: . 20 )/Total Assets (A: . 20 )
=/
=

Rafex Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0/0.896
=

* 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 0.00 mean?
Rafex Gold (RAFX) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Rafex Gold and its competitors.
Is Rafex Gold's LT-Debt-to-Total-Asset too high?
Rafex Gold's current LT-Debt-to-Total-Asset is 0.00. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's LT-Debt-to-Total-Asset compare to AHAD and BLAIF?
Rafex Gold's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services 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 Rafex Gold and its competitors. Rafex Gold's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Rafex Gold's overall GF Score™ is 39/100. 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 Rafex Gold (RAFX), the current LT-Debt-to-Total-Asset is 0.00 as of Sep. 2023. 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.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF 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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