Altiplano Metals (STU:9AJ1) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)

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What is Altiplano Metals 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. Altiplano Metals's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

Altiplano Metals's long-term debt to total assets ratio increased from Jun. 2023 (0.08) to Dec. 2024 (0.15). It may suggest that Altiplano Metals is progressively becoming more dependent on debt to grow their business.

Altiplano Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Altiplano Metals'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.

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Altiplano Metals LT-Debt-to-Total-Asset Chart

Altiplano Metals Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.11

0.08

Altiplano Metals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.07	0.08	0.14	0.15

Altiplano Metals LT-Debt-to-Total-Asset Calculation

Altiplano Metals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	0.278	/	3.625
	=

Altiplano Metals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.58	/	3.906
	=	0.15

Altiplano Metals (STU:9AJ1) 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.

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Altiplano Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altiplano Metals Inc (STU:9AJ1) » Definitions » LT-Debt-to-Total-Asset

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ALTPF:USA APN:Canada

Address

10545 - 45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.apnmetals.com

Altiplano Metals Inc is a Canadian mineral development company focused on acquiring projects with the potential for advancement from discovery through to production. The company has a diversified portfolio of assets that include an operating copper/gold/iron mine, development of near-term producing gold/copper projects, and exploration land packages with district-scale potential. Some of the projects include the Santa Beatriz Project, Maria Luisa Property, Farellon Property, and Pastillas Gold Project.

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