i-80 Gold (TSX:IAU) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2024)

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What is i-80 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. i-80 Gold's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.23.

i-80 Gold's long-term debt to total assets ratio declined from Dec. 2023 (0.25) to Dec. 2024 (0.23). It may suggest that i-80 Gold is progressively becoming less dependent on debt to grow their business.

i-80 Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for i-80 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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i-80 Gold LT-Debt-to-Total-Asset Chart

i-80 Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.06

0.15

0.25

0.23

i-80 Gold Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.25	0.12	0.11	0.11	0.23

i-80 Gold LT-Debt-to-Total-Asset Calculation

i-80 Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	218.77	/	934.075
	=	0.23

i-80 Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	218.77	/	934.075
	=	0.23

i-80 Gold (TSX:IAU) 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.

i-80 Gold LT-Debt-to-Total-Asset Related Terms

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i-80 Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » i-80 Gold Corp (TSX:IAU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

IAUX:USA 8JI:Germany

Address

717b Hewitson Street, Thunder Bay, ON, CAN, P7B 6B5

Website

https://www.i80gold.com

i-80 Gold Corp is a well-financed gold and silver producer engaged in the exploration, development, and production of gold, silver, and poly-metallic deposits. The Company's principal assets include the Ruby Hill Mine, Lone Tree Mine, Granite Creek Mine, and McCoy-Cove Project.

Executives

David Roger Savarie	Senior Officer
Ronald Clayton	Director
Richard Scott Young	Director, Senior Officer
John Seaman	Director
Matthew Gollat	Senior Officer
John A. Begeman	Director
Ewan Stewart Downie	Director, Senior Officer
Brenton Andrew Kristof	Senior Officer
Orion Mine Finance Management Ii Limited	10% Security Holder