Libero Copper & Gold (TSXV:LBC) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Libero Copper & 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. Libero Copper & Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Libero Copper & Gold's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.02). It may suggest that Libero Copper & Gold is progressively becoming less dependent on debt to grow their business.

Libero Copper & Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Libero Copper & 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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Libero Copper & Gold LT-Debt-to-Total-Asset Chart

Libero Copper & Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.10

0.07

0.02

0.05

0.08

Libero Copper & Gold 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															0.05	0.08	0.03	0.03	0.02

Libero Copper & Gold LT-Debt-to-Total-Asset Calculation

Libero Copper & 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 )
	=	0.188	/	2.412
	=

Libero Copper & Gold'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 )
	=	0.078	/	3.36
	=

Libero Copper & Gold (TSXV:LBC) 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.

Libero Copper & Gold LT-Debt-to-Total-Asset Related Terms

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Libero Copper & Gold Business Description

Industry

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

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Traded in Other Exchanges

LBCMF:USA 29H:Germany

Address

595 Burrard Street, Suite 3123, PO Box 49139, Vancouver, BC, CAN, V7X 1J1

Website

https://www.liberocopper.com

Libero Copper & Gold Corp is a mineral exploration company that holds a portfolio of porphyry copper deposits throughout the Americas, including the Big Red porphyry copper and Big Bulk porphyry copper-gold projects in the Golden Triangle, British Columbia, Canada, the Mocoa porphyry copper-molybdenum deposit in Putumayo, Colombia; and the Esperanza porphyry copper-gold project in San Juan, Argentina. The company operates in four geographic regions; Canada, the USA, Argentina and Colombia.

Executives