Lumina Gold (TSXV:LUM) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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

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

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

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

Lumina Gold Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Lumina 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															-	-	-	-	-

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

Lumina 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	/	29.511
	=

Lumina 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	/	25.798
	=

Lumina Gold (TSXV:LUM) 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.

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

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Lumina Gold Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LMGDF:USA OMH2:Germany

Address

625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6

Website

http://www.luminagold.com

Lumina Gold Corp is a precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being turned to a Pre-Feasibility Study and is the primary gold deposit in Ecuador. The company has an experienced management team with a successful track record of advancing and monetizing exploration projects. It has one reportable operating segment, being that of the acquisition, exploration and evaluation of mineral properties in Ecuador.

Executives

Scott Victor Andrew Hicks	Senior Officer
Lyle Braaten	Director
Marshall Koval	Director
Martin Raymond Danziger Rip	Senior Officer
Marcelo Rivadeneira	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Heye Edmund Daun	Director
Ross J. Beaty	10% Security Holder
Peter Leofric Hathaway	Senior Officer

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