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AuMega Metals (TSXV:AUM) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)


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What is AuMega Metals 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. AuMega Metals's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

AuMega Metals's long-term debt to total assets ratio declined from Dec. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that AuMega Metals is progressively becoming less dependent on debt to grow their business.


AuMega Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for AuMega Metals'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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AuMega Metals LT-Debt-to-Total-Asset Chart

AuMega Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23 Dec24
LT-Debt-to-Total-Asset
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AuMega Metals Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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AuMega Metals LT-Debt-to-Total-Asset Calculation

AuMega Metals'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 )
=0.024/66.598
=

AuMega Metals'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 )
=0.024/66.598
=

* 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.


AuMega Metals  (TSXV:AUM) 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.


AuMega Metals LT-Debt-to-Total-Asset Related Terms

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AuMega Metals Business Description

Traded in Other Exchanges
Address
24 Hasler Road, Osborne Park, Perth, WA, AUS, 6017
AuMega Metals Ltd engages in mining and mineral exploration activities in Canada. The company explores for gold deposits. Its principal assets include the Cape Ray gold project and the Hermitage project located in Newfoundland, Canada. The company also has an Option Agreement over the Blue Cove Copper Project in southeastern Newfoundland, which is notably prospective for copper and other base metals.

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