Troy Resources (STU:TRW) LT-Debt-to-Total-Asset : 0.40 (As of Dec. 2021)

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What is Troy 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. Troy Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.40.

Troy Resources's long-term debt to total assets ratio increased from Dec. 2020 (0.30) to Dec. 2021 (0.40). It may suggest that Troy Resources is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Troy 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.

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

Troy Resources Annual Data

Trend

Jun12

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Jun21

LT-Debt-to-Total-Asset

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0.40

Troy Resources Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.30	0.40	0.40

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

Troy Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (A: Jun. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2021 )	/	Total Assets (A: Jun. 2021 )
	=	7.496	/	18.532
	=	0.40

Troy Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )	/	Total Assets (Q: Dec. 2021 )
	=	7.478	/	18.488
	=	0.40

Troy Resources (STU:TRW) 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.

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

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Troy Resources (STU:TRW) Business Description

Industry

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

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Traded in Other Exchanges

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Address

5 Ord Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

http://www.troyres.com.au

Troy Resources Ltd is a Canada based junior mineral exploration company. It focuses on the exploration of gold, silver, nickel and other minerals. Its primary mining project is the Karouni which is located in Guyana.

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