Sabre Gold Mines (STU:7AZ) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Sabre Gold Mines 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. Sabre Gold Mines's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

Sabre Gold Mines's long-term debt to total assets ratio declined from Mar. 2023 (0.21) to Mar. 2024 (0.11). It may suggest that Sabre Gold Mines is progressively becoming less dependent on debt to grow their business.

Sabre Gold Mines LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sabre Gold Mines'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.

Sabre Gold Mines LT-Debt-to-Total-Asset Chart

Sabre Gold Mines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.73

0.68

0.40

0.10

Sabre Gold Mines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.22	0.25	0.10	0.11

Sabre Gold Mines LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3.251	/	31.354
	=

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3.448	/	31.539
	=

Sabre Gold Mines (STU:7AZ) 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.

Sabre Gold Mines LT-Debt-to-Total-Asset Related Terms

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

Sabre Gold Mines (STU:7AZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sabre Gold Mines Corp (STU:7AZ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SGLDF:USA SGLD:Canada

Address

200 Burrard Street, Suite 250, Vancouver, BC, CAN, V6C 3L6

Website

https://www.sabre.gold

Sabre Gold Mines Corp is a mineral exploration and development company currently focused on advancing the fully permitted past-producing Copperstone mine and on the past-producing Brewery Creek mine. Its project is situated within the Arizona portion of the Prolific Walker Lane Belt in the Southwestern United States. It operates Gold Mine in La Paz County, Arizona, United States, and the Brewery Creek property in the Yukon, Canada.

Sabre Gold Mines (STU:7AZ) Headlines

No Headlines