Royal Road Minerals (Royal Road Minerals) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Royal Road 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. Royal Road Minerals's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Royal Road Minerals's long-term debt to total assets ratio stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Royal Road Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Royal Road 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.

Royal Road Minerals LT-Debt-to-Total-Asset Chart

Royal Road Minerals Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

Royal Road Minerals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Royal Road Minerals LT-Debt-to-Total-Asset Calculation

Royal Road Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.057	/	20.657
	=

Royal Road Minerals'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 )
	=	0.038	/	16.867
	=

Royal Road Minerals (OTCPK:RRDMF) 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.

Royal Road Minerals LT-Debt-to-Total-Asset Related Terms

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

Royal Road Minerals (Royal Road Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Royal Road Minerals Ltd (OTCPK:RRDMF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RLU:Germany RYR:Canada

Address

4 Wharf Street, Suite 30, St Helier, JEY, JE2 3NR

Website

https://www.royalroadminerals.com

Royal Road Minerals Ltd is a mineral exploration and development company. The Group operates under three geographic segments engaged in mineral exploration and development in Colombia, Nicaragua and Peru.

Royal Road Minerals (Royal Road Minerals) Headlines

From GuruFocus

Royal Road Minerals Ltd at 121 Mining Investment London Conference Transcript

By GuruFocus Research • 02-14-2024