VTMLF (Critica) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Critica 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. Critica's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Critica's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.03). It may suggest that Critica is progressively becoming more dependent on debt to grow their business.

Critica LT-Debt-to-Total-Asset Historical Data

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

Critica Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.02

Critica Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	-	0.03	0.02

Critica LT-Debt-to-Total-Asset Calculation

Critica's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	0.051	/	2.26
	=

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.067	/	2.606
	=	0.03

Critica (OTCPK:VTMLF) 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.

Critica LT-Debt-to-Total-Asset Related Terms

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Critica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critica Ltd (OTCPK:VTMLF) » Definitions » LT-Debt-to-Total-Asset

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CRI:Australia

Address

16 Altona Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.critica.limited

Critica Ltd is dedicated to discovering and developing critical mineral deposits to feed global demand for the minerals that are vital to modern technology and the green energy transition. The company is advancing Jupiter and the Brothers Project, which is strategically located in a mining precinct in Western Australia. Discovered in late 2023, the clay-hosted, rare-earth project is just 250Km east of the port at Geraldton. It boasts high grades of total rare earth oxides combined with an incredibly low prevalence of thorium and uranium across the significant area of the discovery.

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