Tintina Mines (TSXV:TTS) LT-Debt-to-Total-Asset : 0.32 (As of Sep. 2024)

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What is Tintina Mines 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. Tintina Mines's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.32.

Tintina Mines's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.32). It may suggest that Tintina Mines is progressively becoming more dependent on debt to grow their business.

Tintina Mines LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tintina Mines'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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Tintina Mines LT-Debt-to-Total-Asset Chart

Tintina Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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17.22

31.93

Tintina Mines 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															-	-	-	-	0.32

Tintina Mines LT-Debt-to-Total-Asset Calculation

Tintina Mines'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	/	9.577
	=

Tintina Mines'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 )
	=	4.541	/	14.06
	=

Tintina Mines (TSXV:TTS) 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.

Tintina Mines LT-Debt-to-Total-Asset Related Terms

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Tintina Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tintina Mines Ltd (TSXV:TTS) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

TNNTF:USA

Address

82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

http://www.tintinamines.com

Tintina Mines Ltd is engaged in the evaluation, acquisition, and exploration of gold and base mineral properties in Canada. Its project properties include the Red Mountain molybdenum deposit located in the Whitehorse Mining District in Yukon, Canada. The company operates in one operating segment in the evaluation, acquisition, and exploration of gold and base mineral properties in Canada.

Executives

Gerald Panneton	Senior Officer
David John Rhodes	Director
Thomas Peter Max Relling	10% Security Holder
Penny Olga White	Senior Officer
Luc Mainville	Senior Officer
Alexander Dann	Senior Officer

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