Southern Alliance Mining (SGX:QNS) LT-Debt-to-Total-Asset : 0.02 (As of Jan. 2025)

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What is Southern Alliance Mining 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. Southern Alliance Mining's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.02.

Southern Alliance Mining's long-term debt to total assets ratio increased from Jan. 2024 (0.01) to Jan. 2025 (0.02). It may suggest that Southern Alliance Mining is progressively becoming more dependent on debt to grow their business.

Southern Alliance Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Southern Alliance Mining'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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Southern Alliance Mining LT-Debt-to-Total-Asset Chart

Southern Alliance Mining Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.02

0.03

Southern Alliance Mining Semi-Annual Data
	Jul17	Jul18	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.02	0.02	0.01	0.03	0.02

Southern Alliance Mining LT-Debt-to-Total-Asset Calculation

Southern Alliance Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	3.291	/	111.118
	=	0.03

Southern Alliance Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	2.563	/	112.01
	=	0.02

Southern Alliance Mining (SGX:QNS) 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.

Southern Alliance Mining LT-Debt-to-Total-Asset Related Terms

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Southern Alliance Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Southern Alliance Mining Ltd (SGX:QNS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Jalan Putra Square 6, Level 8, Menara Zenith, Putra Square, Kuantan, PHG, MYS, 25200

Website

https://www.southernalliancemining.com

Southern Alliance Mining Ltd is engaged in the exploration, mining, and processing of iron ore for subsequent sale. The principal activities of the Company are those of investment holding and provision of management services. The company mines, produces, and sells iron ore which includes processed iron ore concentrate typically sold to steel mills or traders; and crushed iron ore that is used as a pipe coating material. It mines at the Chaah mine an open pit mine located at the southwest of the township of Chaah.

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