Inventus Mining (TSXV:IVS) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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

Inventus Mining's long-term debt to total assets ratio declined from Sep. 2023 (0.07) to Sep. 2024 (0.00). It may suggest that Inventus Mining is progressively becoming less dependent on debt to grow their business.

Inventus Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Inventus Mining'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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Inventus Mining LT-Debt-to-Total-Asset Chart

Inventus Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.44

0.04

0.05

Inventus Mining 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															0.07	0.05	0.03	-	-

Inventus Mining LT-Debt-to-Total-Asset Calculation

Inventus Mining'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 )
	=	0.023	/	0.492
	=

Inventus Mining'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	/	0.274
	=

Inventus Mining (TSXV:IVS) 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.

Inventus Mining LT-Debt-to-Total-Asset Related Terms

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Inventus Mining Business Description

Industry

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Traded in Other Exchanges

GNGXF:USA 3GIA:Germany

Address

82 Richmond Street East, Suite 200, Floor 1, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

https://www.inventusmining.com

Inventus Mining Corp is a mineral exploration and development company focused on the mining district of Sudbury, Ontario. Its principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America.

Executives

Glen Alexander Milne	Director
Wesley Emmerson Whymark	Senior Officer
Stephan Michael Seydegart Spears	Director or Senior Officer of 10% Security Holder
Nils Frederik Jonas Engelstad	Director
Endurance Gold Corporation	10% Security Holder

Inventus Mining Headlines

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