Xtra-Gold Resources (TSX:XTG) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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

Xtra-Gold Resources's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Xtra-Gold Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Xtra-Gold 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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Xtra-Gold Resources LT-Debt-to-Total-Asset Chart

Xtra-Gold Resources Annual Data

Trend

Dec14

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Dec23

LT-Debt-to-Total-Asset

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Xtra-Gold 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															-	-	-	-	-

Xtra-Gold Resources LT-Debt-to-Total-Asset Calculation

Xtra-Gold 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 )
	=	0	/	15.913
	=

Xtra-Gold 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 )
	=	0	/	20.751
	=

Xtra-Gold Resources (TSX:XTG) 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.

Xtra-Gold Resources LT-Debt-to-Total-Asset Related Terms

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Xtra-Gold Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

XTGRF:USA

Address

Shirley Street Plaza, Suite 2150, P.O Box AP 59217, Nassau, BHS

Website

https://www.xtragold.com

Xtra-Gold Resources Corp became a resource exploration with gold exploration focused on defining a potentially resource on its Kibi Gold Discovery located in the Republic of Ghana, West Africa.. It has also engaged in the recovery of gold through alluvial operations on its claims. It includes the Kibi Gold Project and the Banso and Muoso Projects.

Executives

Leon Van Der Merwe	10% Security Holder
Yves Pierre Clement	Senior Officer
James Longshore	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Xtra-Gold Resources Headlines

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