Lithium Royalty (STU:X1Q) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Lithium Royalty 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. Lithium Royalty's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Lithium Royalty's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Lithium Royalty is progressively becoming more dependent on debt to grow their business.

Lithium Royalty LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lithium Royalty'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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Lithium Royalty LT-Debt-to-Total-Asset Chart

Lithium Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Lithium Royalty Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										-	-	-	-	-

Lithium Royalty LT-Debt-to-Total-Asset Calculation

Lithium Royalty'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 )
	=	0	/	142.165
	=	0.00

Lithium Royalty's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.359	/	138.401
	=	0.00

Lithium Royalty (STU:X1Q) 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.

Lithium Royalty LT-Debt-to-Total-Asset Related Terms

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Lithium Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Royalty Corp (STU:X1Q) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

LITRF:USA X1Q:Germany LIRC:Canada

Address

1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7

Website

https://www.lithiumroyaltycorp.com

Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy. Geographically the company generates the majority of its revenue from Australia.

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