POWR Lithium (XCNQ:POWR) LT-Debt-to-Total-Asset : 0.00 (As of Feb. 2024)

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What is POWR Lithium 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. POWR Lithium's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.00.

POWR Lithium's long-term debt to total assets ratio stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

POWR Lithium LT-Debt-to-Total-Asset Historical Data

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

POWR Lithium Annual Data

Trend

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

POWR Lithium Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	-	-	-	-

POWR Lithium LT-Debt-to-Total-Asset Calculation

POWR Lithium's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	0	/	2.575
	=

POWR Lithium's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	0	/	2.749
	=

POWR Lithium (XCNQ:POWR) 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.

POWR Lithium LT-Debt-to-Total-Asset Related Terms

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POWR Lithium (XCNQ:POWR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » POWR Lithium Corp (XCNQ:POWR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PWRLF:USA 6JX:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.powrlithium.com

POWR Lithium Corp is a new mineral exploration and development company focused on American lithium deposits to support domestic demand. It is predominantly engaged in the business of mineral exploration and the development of the ELi Property and the Halo Project.

POWR Lithium (XCNQ:POWR) Headlines

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