CanAlaska Uranium (TSXV:CVV) LT-Debt-to-Total-Asset : 0.04 (As of Jan. 2024)

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What is CanAlaska Uranium 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. CanAlaska Uranium's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.04.

CanAlaska Uranium's long-term debt to total assets ratio increased from Jan. 2023 (0.03) to Jan. 2024 (0.04). It may suggest that CanAlaska Uranium is progressively becoming more dependent on debt to grow their business.

CanAlaska Uranium LT-Debt-to-Total-Asset Historical Data

The historical data trend for CanAlaska Uranium'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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CanAlaska Uranium LT-Debt-to-Total-Asset Chart

CanAlaska Uranium Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

LT-Debt-to-Total-Asset

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0.02

0.05

CanAlaska Uranium Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.05	0.05	0.06	0.04

CanAlaska Uranium LT-Debt-to-Total-Asset Calculation

CanAlaska Uranium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	0.758	/	15.386
	=

CanAlaska Uranium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	0.689	/	19.161
	=

CanAlaska Uranium (TSXV:CVV) 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.

CanAlaska Uranium LT-Debt-to-Total-Asset Related Terms

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CanAlaska Uranium (TSXV:CVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CanAlaska Uranium Ltd (TSXV:CVV) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CVVUF:USA DH7:Germany

Address

625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6

Website

https://www.canalaska.com

CanAlaska Uranium Ltd is engaged in the exploration of uranium, nickel, and diamond properties. Its project portfolio includes West McArthur, Cree East, NW Manitoba, Athabasca Diamond, Waterbury, Moon, Collins Bay Extension, Mouse Mountain Cu-Au, Patterson, McTavish, Key Lake, Thompson Nickel Belt, Kasmere, and Ruttan area Cu-Zn Project. The Company's operations comprise a single operating segment engaged in mineral exploration in Canada.

Executives

Cory Lane Belyk

Director, Senior Officer