Shine Minerals (TSXV:SMR.H) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 1977. Start your Free Trial

What is Shine Minerals 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. Shine Minerals's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Shine Minerals's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Shine Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shine Minerals'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.

Shine Minerals LT-Debt-to-Total-Asset Chart

Shine Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.34

0.15

Shine Minerals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Shine Minerals LT-Debt-to-Total-Asset Calculation

Shine Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	0	/	0.368
	=

Shine Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	0.261
	=

Shine Minerals (TSXV:SMR.H) 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.

Shine Minerals LT-Debt-to-Total-Asset Related Terms

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

Shine Minerals (TSXV:SMR.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shine Minerals Corp (TSXV:SMR.H) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1620 Dickson Avenue, Suite 750, Kelowna, BC, CAN, V1Y 9Y2

Website

https://www.shineminerals.ca

Shine Minerals Corp is engaged in the acquisition, exploration, evaluation, and development of mineral resource assets. Its asset includes the Watts Lake Zinc project located in Saskatchewan.

Shine Minerals (TSXV:SMR.H) Headlines

No Headlines