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WCUFF (World Copper) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)


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What is World Copper 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. World Copper's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

World Copper's long-term debt to total assets ratio increased from Jun. 2023 (0.01) to Sep. 2024 (0.05). It may suggest that World Copper is progressively becoming more dependent on debt to grow their business.

World Copper LT-Debt-to-Total-Asset Historical Data

The historical data trend for World Copper'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.

World Copper LT-Debt-to-Total-Asset Chart

World Copper Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - - 0.03 -

World Copper Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - - 0.05

World Copper LT-Debt-to-Total-Asset Calculation

World Copper'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 )
=0/32
=

World Copper'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 )
=1.288/25.784
=

* 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.

World Copper  (OTCPK:WCUFF) 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.

World Copper LT-Debt-to-Total-Asset Related Terms

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World Copper Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » World Copper Ltd (OTCPK:WCUFF) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
7LY0:Germany WCU:Canada
Address
200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Website
https://www.worldcopperltd.com
World Copper Ltd is an exploration stage junior mining company currently engaged in the identification, acquisition, and exploration of mineral resources in Chile and the United States.