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Pacific Nickel Mines (ASX:PNM) Debt-to-Asset : 0.60 (As of Dec. 2023)


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What is Pacific Nickel Mines Debt-to-Asset?

Pacific Nickel Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$14.59 Mil. Pacific Nickel Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$19.62 Mil. Pacific Nickel Mines's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$57.12 Mil. Pacific Nickel Mines's debt to asset for the quarter that ended in Dec. 2023 was 0.60.


Pacific Nickel Mines Debt-to-Asset Historical Data

The historical data trend for Pacific Nickel Mines's Debt-to-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.

* Premium members only.

Pacific Nickel Mines Debt-to-Asset Chart

Pacific Nickel Mines Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.60 0.03 0.01 0.19

Pacific Nickel Mines Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-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 0.02 0.01 - 0.19 0.60

Competitive Comparison of Pacific Nickel Mines's Debt-to-Asset

For the Gold subindustry, Pacific Nickel Mines's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pacific Nickel Mines's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pacific Nickel Mines's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Pacific Nickel Mines's Debt-to-Asset falls into.



Pacific Nickel Mines Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Pacific Nickel Mines's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Pacific Nickel Mines's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(14.591 + 19.623) / 57.117
=0.60

* 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.


Pacific Nickel Mines  (ASX:PNM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Pacific Nickel Mines Debt-to-Asset Related Terms

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Pacific Nickel Mines (ASX:PNM) Business Description

Traded in Other Exchanges
Address
283 George Street, Level 4, Sydney, NSW, AUS, 2000
Pacific Nickel Mines Ltd is engaged in the operation, development, and exploration of mineral deposits. The company operates through two geographical segments: Lorena and Solomon Islands. The Lorena segment is engaged in the development of the company's main project, the Lorena Gold Project near Cloncurry in northwest Queensland. The Solomon Islands segment includes development of the company's interest in the Kolosori Nickel Project and Jejevo Nickel Project on the Santa Isabel Island. It operates within one segment which is mineral exploration and development in Australia.