Skeena Resources (TSX:SKE) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Skeena Resources 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. Skeena Resources's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Skeena Resources's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.03). It may suggest that Skeena Resources is progressively becoming more dependent on debt to grow their business.

Skeena Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Skeena Resources'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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Skeena Resources LT-Debt-to-Total-Asset Chart

Skeena Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.01

0.02

0.16

Skeena Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.16	0.19	0.03	0.03

Skeena Resources LT-Debt-to-Total-Asset Calculation

Skeena Resources'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 )
	=	31.321	/	194.987
	=

Skeena Resources'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 )
	=	7.719	/	227.06
	=

Skeena Resources (TSX:SKE) 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.

Skeena Resources LT-Debt-to-Total-Asset Related Terms

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Skeena Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Skeena Resources Ltd (TSX:SKE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SKE:USA RXF:Germany

Address

1133 Melville Street, Suite 2600, Vancouver, BC, CAN, V6E 4E5

Website

https://www.skeenaresources.com

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.

Executives

Craig Andrew Parry	Director
Randy Reichert	Senior Officer
Andrew Macritchie	Senior Officer
Justin Reed Himmelright	Senior Officer
Robert Jalun Kiesman	Senior Officer
Wilhelm K. T. Zours	10% Security Holder
Paul Geddes	Senior Officer
Jr. Walter Coles	Director
Shane Williams	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Greg Beard	Director