SHMIF (Showcase Minerals) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2024)

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What is Showcase 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. Showcase Minerals's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.00.

Showcase Minerals's long-term debt to total assets ratio stayed the same from Oct. 2023 (0.00) to Oct. 2024 (0.00).

Showcase Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Showcase 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.

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Showcase Minerals LT-Debt-to-Total-Asset Chart

Showcase Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

Showcase Minerals Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	-	-	-	-

Showcase Minerals LT-Debt-to-Total-Asset Calculation

Showcase Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	0	/	0.158
	=

Showcase Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	0	/	0.158
	=

Showcase Minerals (OTCPK:SHMIF) 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.

Showcase Minerals LT-Debt-to-Total-Asset Related Terms

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Showcase Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Showcase Minerals Inc (OTCPK:SHMIF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

ZJ0:Germany SHOW:Canada

Address

741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4

Website

https://www.showcaseminerals.com

Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, 'the Properties'), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.

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