Ubique Minerals (XCNQ:UBQ) LT-Debt-to-Total-Asset: 0.28 (As of Apr. 2025)

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What is Ubique Minerals LT-Debt-to-Total-Asset?

Ubique Minerals XCNQ:UBQ LT-Debt-to-Total-Asset is 0.28 as of Apr. 2025.

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. Ubique Minerals's long-term debt to total assests ratio for the quarter that ended in Apr. 2025 was 0.28.

Ubique Minerals's long-term debt to total assets ratio increased from Apr. 2024 (0.00) to Apr. 2025 (0.28). It may suggest that Ubique Minerals is progressively becoming more dependent on debt to grow their business.

Ubique Minerals  (XCNQ:UBQ) 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.

Ubique Minerals LT-Debt-to-Total-Asset Related Terms

Ubique Minerals LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Ubique Minerals'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.

Ubique Minerals LT-Debt-to-Total-Asset Chart

Ubique Minerals Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ubique Minerals Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 Premium Member Only 0.00 0.00 0.32 0.29 0.28

Ubique Minerals LT-Debt-to-Total-Asset Calculation

Ubique Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )/Total Assets (A: Jul. 2024 )
=0/0.244
=

Ubique Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2025 is calculated as

LT Debt to Total Assets (Q: Apr. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2025 )/Total Assets (Q: Apr. 2025 )
=0.166/0.602
=

* 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 0.28 mean?
Ubique Minerals (XCNQ:UBQ) has a LT-Debt-to-Total-Asset of 0.28 as of Apr. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ubique Minerals and its competitors.
Is Ubique Minerals' LT-Debt-to-Total-Asset too high?
Ubique Minerals' current LT-Debt-to-Total-Asset is 0.28.
How does Ubique Minerals' LT-Debt-to-Total-Asset compare to competitors?
Ubique Minerals' LT-Debt-to-Total-Asset of 0.28 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 Ubique Minerals and its competitors. Ubique Minerals's current LT-Debt-to-Total-Asset is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ubique Minerals stock overvalued right now?
Ubique Minerals (XCNQ:UBQ) has a current LT-Debt-to-Total-Asset of 0.28. The current LT-Debt-to-Total-Asset is 0.28. 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 Ubique Minerals (XCNQ:UBQ), the current LT-Debt-to-Total-Asset is 0.28 as of Apr. 2025. 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.

Ubique Minerals Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Ubique Minerals Ltd is an exploration-stage company engaged in the acquisition and evaluation of mineral exploration and development assets. It is focused on developing a portfolio of exploration projects at Daniel's Harbour, in Newfoundland, Canada, and in the Otavi Mountain Land and Erongo regions of Namibia. The company's exploration and evaluation assets comprise a contiguous block of hundreds of claim units in various mineral licenses in the Daniels Harbour area of Newfoundland and Labrador in Canada, in addition to its exploration licenses in the Otavi Mountain Land and Erongo regions of Namibia.