Wiluna Mining (Wiluna Mining) LT-Debt-to-Total-Asset : 0.06 (As of Jun. 2022)

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What is Wiluna Mining 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. Wiluna Mining's long-term debt to total assests ratio for the quarter that ended in Jun. 2022 was 0.06.

Wiluna Mining's long-term debt to total assets ratio declined from Jun. 2021 (0.15) to Jun. 2022 (0.06). It may suggest that Wiluna Mining is progressively becoming less dependent on debt to grow their business.

Wiluna Mining LT-Debt-to-Total-Asset Historical Data

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

Wiluna Mining Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

LT-Debt-to-Total-Asset

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0.06

0.02

0.15

0.06

Wiluna Mining Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.15	0.16	0.06

Wiluna Mining LT-Debt-to-Total-Asset Calculation

Wiluna Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	10.091	/	160.719
	=	0.06

Wiluna Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (Q: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2022 )	/	Total Assets (Q: Jun. 2022 )
	=	10.091	/	160.719
	=	0.06

Wiluna Mining (OTCPK:WMXCF) 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.

Wiluna Mining LT-Debt-to-Total-Asset Related Terms

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Wiluna Mining (Wiluna Mining) Business Description

Industry

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

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Address

643 Murray Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.wilunamining.com.au

Wiluna Mining Corp Ltd is a Perth-based gold mining company that controls over 1,600 square kilometers of the Yilgarn Craton in the Northern Goldfields of WA. The principal activities of the company are the production of gold from the Wiluna Gold Operation; and gold exploration and development. Its project portfolio includes Wiluna, Regent, Lake Way, and Matilda.

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