STACF (Portex Minerals) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2016)


What is Portex Minerals LT-Debt-to-Total-Asset?

Portex Minerals STACF LT-Debt-to-Total-Asset is 0.00 as of Jun. 2016.

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. Portex Minerals's long-term debt to total assests ratio for the quarter that ended in Jun. 2016 was 0.00.

Portex Minerals's long-term debt to total assets ratio stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00).

Portex Minerals  (OTCPK:STACF) 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.

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

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

* Premium members only.

The historical data trend for Portex 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.

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

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.00 0.00 0.00 0.00 0.00

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

Portex Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (A: Sep. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2015 )/Total Assets (A: Sep. 2015 )
=0/0.126
=

Portex Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

LT Debt to Total Assets (Q: Jun. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2016 )/Total Assets (Q: Jun. 2016 )
=0/0.033
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Portex Minerals (STACF) has a LT-Debt-to-Total-Asset of 0.00 as of Jun. 2016. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Portex Minerals and its competitors.
Is Portex Minerals' LT-Debt-to-Total-Asset too high?
Portex Minerals' current LT-Debt-to-Total-Asset is 0.00.
How does Portex Minerals' LT-Debt-to-Total-Asset compare to competitors?
Portex Minerals' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Portex Minerals and its competitors. Portex Minerals's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Portex Minerals (STACF), the current LT-Debt-to-Total-Asset is 0.00 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.