TLGRF (Talga Group) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Talga Group 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. Talga Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Talga Group's long-term debt to total assets ratio declined from Jun. 2023 (0.02) to Jun. 2024 (0.02). It may suggest that Talga Group is progressively becoming less dependent on debt to grow their business.

Talga Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Talga Group'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.

* Premium members only.

Talga Group LT-Debt-to-Total-Asset Chart

Talga Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.02

Talga Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.02	0.01	0.02

Talga Group LT-Debt-to-Total-Asset Calculation

Talga Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.557	/	30.608
	=	0.02

Talga Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.557	/	30.608
	=	0.02

Talga Group (OTCPK:TLGRF) 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.

Talga Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Talga Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Talga Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Talga Group Ltd (OTCPK:TLGRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TGX:Germany TLG:Australia

Address

46 Colin Street, Suite 3.03, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.talgagroup.com

Talga Group Ltd is a technology minerals company. The Group operates in three operating segments being graphite exploration, graphite development; and research and development in four geographical locations, being graphite exploration and development in Sweden, graphite or graphene research and development in Germany and research and development in the United Kingdom, with Australia as unallocated corporate. The graphite projects include Vittangi, Jalkunen, and Raitajarvi. It derives a majority of revenue from the United Kingdom.