Boreal Gold (XCNQ:BGLD) LT-Debt-to-Total-Asset: 0.03 (As of Feb. 2026)

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XCNQ:BGLD Boreal Gold Inc XCNQ:BGLD
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What is Boreal Gold LT-Debt-to-Total-Asset?

Boreal Gold XCNQ:BGLD -9.52% 14 LT-Debt-to-Total-Asset is 0.03 as of Feb. 2026. GuruFocus rates XCNQ:BGLD with a GF Score™ of 14/100.

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. Boreal Gold's long-term debt to total assests ratio for the quarter that ended in Feb. 2026 was 0.03.

Boreal Gold's long-term debt to total assets ratio declined from Feb. 2025 (0.44) to Feb. 2026 (0.03). It may suggest that Boreal Gold is progressively becoming less dependent on debt to grow their business.

Boreal Gold  (XCNQ:BGLD) 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.

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

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

* Premium members only.

The historical data trend for Boreal 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.

Boreal Gold LT-Debt-to-Total-Asset Chart

Boreal Gold Annual Data
Trend Aug22 Aug23 Aug24 Aug25
LT-Debt-to-Total-Asset
0.00 0.00 0.25 0.24

Boreal Gold Quarterly Data
Aug22 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.44 0.36 0.24 0.34 0.03
XCNQ:BGLD
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Boreal Gold Inc XCNQ:BGLD
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Boreal Gold LT-Debt-to-Total-Asset Calculation

Boreal Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as

LT Debt to Total Assets (A: Aug. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2025 )/Total Assets (A: Aug. 2025 )
=0.08/0.332
=

Boreal Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (Q: Feb. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2026 )/Total Assets (Q: Feb. 2026 )
=0.076/3.092
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Boreal Gold (XCNQ:BGLD) has a LT-Debt-to-Total-Asset of 0.03 as of Feb. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Boreal Gold and its competitors.
Is Boreal Gold's LT-Debt-to-Total-Asset too high?
Boreal Gold's current LT-Debt-to-Total-Asset is 0.03. Overall, Boreal Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Boreal Gold's LT-Debt-to-Total-Asset compare to NEM and AU?
Boreal Gold's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Boreal Gold and its competitors. Boreal Gold's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boreal Gold stock overvalued right now?
Boreal Gold (XCNQ:BGLD) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Boreal Gold's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Boreal Gold (XCNQ:BGLD), the current LT-Debt-to-Total-Asset is 0.03 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Boreal Gold Business Description

Address 12 Mitchell Road, Box 306, Flin Flon, Winnipeg, MB, CAN, R8A 1N1
Boreal Gold Inc is an exploration and development Company. The company is engaged in exploring and developing the copper-zinc gold deposits in Snow Lake Manitoba via two primary target areas, the Melgurd property, and the Fay Lake property. The company focuses on gold in the Flin Flon Mining Camp of Manitoba and Saskatchewan.
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