Hanstone Gold (TSXV:HANS) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is Hanstone Gold 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. Hanstone Gold's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Hanstone Gold's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.12). It may suggest that Hanstone Gold is progressively becoming more dependent on debt to grow their business.

Hanstone Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hanstone Gold'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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Hanstone Gold LT-Debt-to-Total-Asset Chart

Hanstone Gold Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

Hanstone Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.19	0.10	0.12

Hanstone Gold LT-Debt-to-Total-Asset Calculation

Hanstone Gold'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 )
	=	0.184	/	1.82
	=

Hanstone Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0.204	/	1.727
	=

Hanstone Gold (TSXV:HANS) 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.

Hanstone Gold LT-Debt-to-Total-Asset Related Terms

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Hanstone Gold (TSXV:HANS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hanstone Gold Corp (TSXV:HANS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HGO:Germany

Address

1111 Melvielle Street, Suite 1100, Vancouver, BC, CAN, V6E3V6

Website

https://www.hanstonegold.com

Hanstone Gold Corp is a mineral exploration company focused on the exploration of its Doc Property located in the Skeena Mining Division in British Columbia. Its project includes Doc and Snip North.

Executives

Roger Jewett

Senior Officer

Hanstone Gold (TSXV:HANS) Headlines

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