Cantex Mine Development (TSXV:CD) LT-Debt-to-Total-Asset: 0.00 (As of Apr. 2026)

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TSXV:CD Cantex Mine Development Corp TSXV:CD
32 GF Score
Price C$0.25
! 1 Warning Sign
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What is Cantex Mine Development LT-Debt-to-Total-Asset?

Cantex Mine Development TSXV:CD 32 LT-Debt-to-Total-Asset is 0.00 as of Apr. 2026. GuruFocus rates TSXV:CD with a GF Score™ of 32/100. The stock has 1 warning sign investors should review.

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. Cantex Mine Development's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.00.

Cantex Mine Development's long-term debt to total assets ratio declined from Apr. 2025 (0.10) to Apr. 2026 (0.00). It may suggest that Cantex Mine Development is progressively becoming less dependent on debt to grow their business.

Cantex Mine Development  (TSXV:CD) 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.

Cantex Mine Development LT-Debt-to-Total-Asset Related Terms

Cantex Mine Development LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Cantex Mine Development'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.

Cantex Mine Development LT-Debt-to-Total-Asset Chart

Cantex Mine Development Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.04 0.00 0.03 0.00

Cantex Mine Development Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.00 0.00 0.00 0.00
TSXV:CD
32GF Score
Cantex Mine Development Corp TSXV:CD
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Cantex Mine Development LT-Debt-to-Total-Asset Calculation

Cantex Mine Development's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as

LT Debt to Total Assets (A: Jul. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2025 )/Total Assets (A: Jul. 2025 )
=0/0.954
=

Cantex Mine Development's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )/Total Assets (Q: Apr. 2026 )
=0/2.37
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Cantex Mine Development (TSXV:CD) has a LT-Debt-to-Total-Asset of 0.00 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cantex Mine Development and its competitors.
Is Cantex Mine Development's LT-Debt-to-Total-Asset too high?
Cantex Mine Development's current LT-Debt-to-Total-Asset is 0.00. Overall, Cantex Mine Development has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Cantex Mine Development's LT-Debt-to-Total-Asset compare to competitors?
Cantex Mine Development's LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Cantex Mine Development and its competitors. Cantex Mine Development's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cantex Mine Development stock overvalued right now?
Cantex Mine Development (TSXV:CD) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Cantex Mine Development's overall GF Score™ is 32/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Cantex Mine Development (TSXV:CD), the current LT-Debt-to-Total-Asset is 0.00 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cantex Mine Development Business Description

Other Exchanges CTXDF:USADHD:Germany
Address 203-1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2
Cantex Mine Development Corp is engaged in the acquisition and exploration of mineral properties. Its principal project is located northeast of Mayo in the Yukon Territory, where the Company holds three claim blocks staked over prospective areas identified through a regional heavy mineral survey. The Company also has gold exploration projects in Nevada and an advanced gold project in the Republic of Yemen, which is currently under force majeure. it operates in a single mineral exploration segment with geographical presence in Canada, the United States, and Yemen.
32GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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