Pathfinder Ventures (TSXV:RV) LT-Debt-to-Total-Asset : 0.66 (As of Sep. 2024)

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What is Pathfinder Ventures 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. Pathfinder Ventures's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.66.

Pathfinder Ventures's long-term debt to total assets ratio increased from Sep. 2023 (0.45) to Sep. 2024 (0.66). It may suggest that Pathfinder Ventures is progressively becoming more dependent on debt to grow their business.

Pathfinder Ventures LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pathfinder Ventures'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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Pathfinder Ventures LT-Debt-to-Total-Asset Chart

Pathfinder Ventures Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.03

0.50

0.18

0.46

Pathfinder Ventures Quarterly Data
	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												0.45	0.46	0.66	0.67	0.66

Pathfinder Ventures LT-Debt-to-Total-Asset Calculation

Pathfinder Ventures'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 )
	=	6.427	/	14.053
	=	0.46

Pathfinder Ventures'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 )
	=	9.63	/	14.592
	=	0.66

Pathfinder Ventures (TSXV:RV) 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.

Pathfinder Ventures LT-Debt-to-Total-Asset Related Terms

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Pathfinder Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pathfinder Ventures Inc (TSXV:RV) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RVRVF:USA RVF0:Germany

Address

9451 Glover Road, PO Box 610, Fort Langley, BC, CAN, V1M 2R9

Website

https://www.pathfinderventures.ca

Pathfinder Ventures Inc develops a network of branded, upscale, and family-friendly RV parks and campgrounds under the Pathfinder Camp-Resorts name. It has three camp resorts located in B.C. and is focused on growing its network through both acquisitions and new construction.

Executives

Leonard William Brownlie	Director
Joseph Bleackley	Director, Senior Officer
Mark Joseph Accardi	Director
Stan Duckworth	Director

Pathfinder Ventures Headlines

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