Manuka Resources (STU:6M0A) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Manuka Resources 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. Manuka Resources's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Manuka Resources's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.00). It may suggest that Manuka Resources is progressively becoming less dependent on debt to grow their business.

Manuka Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manuka Resources'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.

Manuka Resources LT-Debt-to-Total-Asset Chart

Manuka Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.47

0.01

Manuka Resources Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.01	-	0.01	-	-

Manuka Resources LT-Debt-to-Total-Asset Calculation

Manuka Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.117	/	37.714
	=	0.00

Manuka Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.117	/	37.714
	=	0.00

Manuka Resources (STU:6M0A) 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.

Manuka Resources LT-Debt-to-Total-Asset Related Terms

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

Manuka Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Manuka Resources Ltd (STU:6M0A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6M0A:Germany MKR:Australia

Address

201 Kent Street, Level 4, Grafton Bond Building, Sydney, NSW, AUS, 2000

Website

https://www.manukaresources.com.au

Manuka Resources Ltd is a mineral resource company. The company's operating segment includes Exploration in Australia, Exploration in New Zealand and Operations. It generates maximum revenue from the Operations segment. The Operations segment engages in the appraisal, development, and processing of gold and silver deposits.

Manuka Resources Headlines

No Headlines