GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Gold Corp (OTCPK:SRGZ) » Definitions » LT-Debt-to-Total-Asset

Star Gold (Star Gold) LT-Debt-to-Total-Asset : 0.82 (As of Jan. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Star Gold 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. Star Gold's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.82.

Star Gold's long-term debt to total assets ratio increased from Jan. 2023 (0.50) to Jan. 2024 (0.82). It may suggest that Star Gold is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Star 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.

* Premium members only.

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

Star Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.07 - 0.24 0.67

Star Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.67 0.66 0.76 0.82

Star Gold LT-Debt-to-Total-Asset Calculation

Star Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )/Total Assets (A: Apr. 2023 )
=0.478/0.712
=

Star Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )/Total Assets (Q: Jan. 2024 )
=0.568/0.691
=

* 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.

Star Gold  (OTCPK:SRGZ) 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.

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

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

Star Gold (Star Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Gold Corp (OTCPK:SRGZ) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
THMG MAGE AMNP CGLD AHNR NMEX SILS AUMN ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES JSE:IMP ISX:MBMA LIM:BUENAVC1 JSE:NPH HL TSX:TFPM OICT
Traded in Other Exchanges
N/A
Address
1875 N. Lakeview Drive, Suite 200, Coeur d’Alene, ID, USA, 83814
Website
https://www.stargoldcorp.com
Star Gold Corp is an exploration stage company. The company is engaged in the acquisition and exploration of precious metal deposit properties with the potential for economic deposits of precious and base metals. It includes the Longstreet property located in the state of Nevada.
Executives
Kelly Stopher director, officer: CFO 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
Lindsay Edward Gorrill director, 10 percent owner, officer: CEO,, CFO 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
David Segelov director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
Thomas Power director 611 E. SHERMAN AVENUE, COEUR D'ALENE ID 83814
Paul B Coombs director 611 E. SHERMAN AVE., COUR D'ALENE ID 83814
Ron Nilson director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
Ian Falconer director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814