SMNRF (S2 Minerals) LT-Debt-to-Total-Asset : 0.00 (As of May. 2024)

View and export this data going back to 2021. Start your Free Trial

What is S2 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. S2 Minerals's long-term debt to total assests ratio for the quarter that ended in May. 2024 was 0.00.

S2 Minerals's long-term debt to total assets ratio stayed the same from May. 2023 (0.00) to May. 2024 (0.00).

S2 Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for S2 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.

S2 Minerals LT-Debt-to-Total-Asset Chart

S2 Minerals Annual Data

Trend

May21

May22

May23

May24

LT-Debt-to-Total-Asset

S2 Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	-	-	-	-

S2 Minerals LT-Debt-to-Total-Asset Calculation

S2 Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	0	/	0.417
	=

S2 Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2024 is calculated as

LT Debt to Total Assets (Q: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2024 )	/	Total Assets (Q: May. 2024 )
	=	0	/	0.417
	=

S2 Minerals (OTCPK:SMNRF) 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.

S2 Minerals LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of S2 Minerals's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

S2 Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » S2 Minerals Inc (OTCPK:SMNRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

STWO:Canada

Address

141 Adelaide Street West, Suite - 1101, Toronto, ON, CAN, M5H 3L5

Website

https://www.s2minerals.com

S2 Minerals Inc is a mineral exploration company with a focus on the exploration and development of the Sandy Lake Property in Ontario, Canada.

S2 Minerals Headlines

No Headlines