Argo Gold (XCNQ:ARQ) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Argo Gold 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. Argo Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Argo Gold's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Argo Gold LT-Debt-to-Total-Asset Historical Data

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

Argo Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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Argo Gold 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															-	-	-	-	-

Argo Gold LT-Debt-to-Total-Asset Calculation

Argo Gold'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	/	2.775
	=	0.00

Argo Gold'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 )
	=	0	/	3.206
	=	0.00

Argo Gold (XCNQ:ARQ) 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.

Argo Gold LT-Debt-to-Total-Asset Related Terms

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Argo Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Argo Gold Inc (XCNQ:ARQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ARBTF:USA P3U:Germany P3U:Germany

Address

25 Adelaide Street, East, Suit 1400, Toronto, ON, CAN, M5C 3A1

Website

https://www.argogold.com

Argo Gold Inc is engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development of resource properties in Western Canada. Its projects include Oil Production in Alberta includes Oil & Gas Production, Current Oil and Gas Projects, Oil & Gas Reserves, and Oil & Gas in Alberta Backgrounder; the Uchi Gold Project includes Woco, Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone - Uchi Gold Project; NW Ontario Gold Projects include Talbot Lake Gold Project (Au), and Angela Lake Gold Project (Au).

Executives

Judith Catharine Baker	Director
James Bell	Senior Officer
Zubin Sethna	Senior Officer
Reinhard Schu	Director
Kenney James Storey	Senior Officer
George Peter Mah	Director, Senior Officer