Kingfisher Metals (TSXV:KFR) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kingfisher 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. Kingfisher Metals's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Kingfisher Metals's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.01). It may suggest that Kingfisher Metals is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Kingfisher 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.

* Premium members only.

Kingfisher Metals LT-Debt-to-Total-Asset Chart

Kingfisher Metals Annual Data

Trend

Nov19

Nov20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

Kingfisher Metals Quarterly Data
	Nov19	Feb20	Nov20	Feb21	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													-	0.01	0.01	0.01	0.01

Kingfisher Metals LT-Debt-to-Total-Asset Calculation

Kingfisher Metals'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 )
	=	0.133	/	17.606
	=

Kingfisher Metals'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 )
	=	0.11	/	18.87
	=

Kingfisher Metals (TSXV:KFR) 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.

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

Thank you for viewing the detailed overview of Kingfisher Metals's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kingfisher Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

KGFMF:USA 9700:Germany

Address

1710 - 1050 W. Pender Street, Vancouver, BC, CAN, V6E 3S7

Website

https://www.kingfishermetals.com

Kingfisher Metals Corp is an exploration company focused on underexplored district-scale projects in British Columbia. It has three district-scale projects that offer potential exposure to high-grade gold, copper, silver, and zinc. Its projects include the Ecstall Project, the Goldrange Project, and the Thibert Project.

Executives

Dustin Perry	Director, Senior Officer
Alejandro Emiliano Gubbins Cox	10% Security Holder
Richard Bryan Trotman	Director

Kingfisher Metals Headlines

No Headlines