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Teras Resources (TSXV:TRA) LT-Debt-to-Total-Asset : 0.00 (As of Feb. 2023)


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What is Teras Resources 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. Teras Resources's long-term debt to total assests ratio for the quarter that ended in Feb. 2023 was 0.00.

Teras Resources's long-term debt to total assets ratio stayed the same from Feb. 2022 (0.00) to Feb. 2023 (0.00).


Teras Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Teras Resources'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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Teras Resources LT-Debt-to-Total-Asset Chart

Teras Resources Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
LT-Debt-to-Total-Asset
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Teras Resources Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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Teras Resources LT-Debt-to-Total-Asset Calculation

Teras Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2022 is calculated as

LT Debt to Total Assets (A: May. 2022 )=Long-Term Debt & Capital Lease Obligation (A: May. 2022 )/Total Assets (A: May. 2022 )
=0/0.722
=

Teras Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (Q: Feb. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2023 )/Total Assets (Q: Feb. 2023 )
=0/0.344
=

* 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.


Teras Resources  (TSXV:TRA) 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.


Teras Resources LT-Debt-to-Total-Asset Related Terms

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Teras Resources (TSXV:TRA) Business Description

Traded in Other Exchanges
Address
206, 6025 - 12th Street South East, Calgary, AB, CAN, T2H 1K1
Teras Resources Inc is a junior mining exploration & development company. The company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada, and Cahuilla in California. The company explores gold, silver, and base metals. Its projects include Cahuilla Gold Project, Golden Jubilee, Corral Canyon, Gold Point, Watseca Mill and other projects. The Cahuilla Project is located in northwest Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.
Executives
Joe Carrabba Director, Senior Officer

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