SWYDF (Stornoway Diamond) LT-Debt-to-Total-Asset: 0.50 (As of Jun. 2019)


What is Stornoway Diamond LT-Debt-to-Total-Asset?

Stornoway Diamond SWYDF LT-Debt-to-Total-Asset is 0.50 as of Jun. 2019.

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. Stornoway Diamond's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.50.

Stornoway Diamond's long-term debt to total assets ratio increased from Jun. 2018 (0.20) to Jun. 2019 (0.50). It may suggest that Stornoway Diamond is progressively becoming more dependent on debt to grow their business.

Stornoway Diamond  (OTCPK:SWYDF) 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.

Stornoway Diamond LT-Debt-to-Total-Asset Related Terms

Stornoway Diamond LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond LT-Debt-to-Total-Asset Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.22 0.18 0.22 0.28

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.21 0.28 0.29 0.50

Stornoway Diamond LT-Debt-to-Total-Asset Calculation

Stornoway Diamond's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )/Total Assets (A: Dec. 2018 )
=234.471/843.333
=0.28

Stornoway Diamond's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )/Total Assets (Q: Jun. 2019 )
=218.238/440.78
=0.50

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.50 mean?
Stornoway Diamond (SWYDF) has a LT-Debt-to-Total-Asset of 0.50 as of Jun. 2019. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Stornoway Diamond and its competitors.
Is Stornoway Diamond's LT-Debt-to-Total-Asset too high?
Stornoway Diamond's current LT-Debt-to-Total-Asset is 0.50.
How does Stornoway Diamond's LT-Debt-to-Total-Asset compare to DYNR and CTDT?
Stornoway Diamond's LT-Debt-to-Total-Asset of 0.50 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Stornoway Diamond and its competitors. Stornoway Diamond's current LT-Debt-to-Total-Asset is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current LT-Debt-to-Total-Asset of 0.50. The current LT-Debt-to-Total-Asset is 0.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Stornoway Diamond (SWYDF), the current LT-Debt-to-Total-Asset is 0.50 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.