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THMG (Thunder Mountain Gold) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)


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

Thunder Mountain Gold's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.00). It may suggest that Thunder Mountain Gold is progressively becoming less dependent on debt to grow their business.

Thunder Mountain Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thunder Mountain Gold'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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Thunder Mountain Gold LT-Debt-to-Total-Asset Chart

Thunder Mountain Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Thunder Mountain Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Thunder Mountain Gold LT-Debt-to-Total-Asset Calculation

Thunder Mountain Gold'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 )
=0.004/0.986
=

Thunder Mountain Gold'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 )
=0/0.536
=

* 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.

Thunder Mountain Gold  (OTCPK:THMG) 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.

Thunder Mountain Gold LT-Debt-to-Total-Asset Related Terms

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Thunder Mountain Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunder Mountain Gold Inc (OTCPK:THMG) » Definitions » LT-Debt-to-Total-Asset
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AMNP AUMN SILS SRGZ CGLD AHNR ISX:AMMN JSE:AMS SZSE:000975 LSE:FRES JSE:IMP ISX:MBMA HL MIC:ALRS TSX:TFPM LIM:BUENAVC1 JSE:SSW JSE:NPH TSX:CGG LIM:PODERC1
Traded in Other Exchanges
THM:Canada
Address
11770 W. President Drive, Suite F, Boise, ID, USA, 83713
Website
https://www.thundermountaingold.com
Thunder Mountain Gold Inc is a mineral exploration stage company. It is engaged in exploring mining properties that have the potential to produce gold, silver, base metals, and other commodities. The company holds interests in the South Mountain and Trout Creek Project. The current land package at South Mountain consists of 17 patented mining claims encompassing approximately 326 acres, 21 unpatented mining lode claims covering approximately 290 acres, and approximately 489 acres of leased private land. In addition, the project owns 360 acres of private land (mill site) not contiguous with the mining claims. All holdings are in the South Mountain Mining District, Owyhee County, Idaho.
Executives
Eric T Jones director, officer: CFO 5248 W. CHINDEN BLVD, BOISE ID 83714
James A Sabala director 11770 W. PRESIDENT DR. STE F, BOISE WA 83713
Douglas J Glaspey director C/O US GEOTHERMAL INC., 390 E PARKCENTER BLVD, SUITE 250, BOISE ID 83706
Ralph Noyes director 6523 E. KYONG COURT, POST FALLS ID 83854
Larry Kornze director 11770 W. PRESIDENT DRIVE STE F, BOISE ID 83713
Paul Albert Beckman other: Investor Relations 3585 WEST STATE STREET, EAGLE ID 83616
Larry Thackery officer: CFO 1832 E BOWSTRING, MERIDIAN ID 83642
Robert Llee Chapman director 4601 DTC BLVD STE 750, DENVER CO 80237
James Ellis Collord director, officer: President 1239 PARKVIEW DRIVE, ELKO NV 89801