Gfm Resources (TSXV:GFM.H) Debt-to-Asset : 57.19 (As of Mar. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Gfm Resources Debt-to-Asset?

Gfm Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.06 Mil. Gfm Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Gfm Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$0.04 Mil. Gfm Resources's debt to asset for the quarter that ended in Mar. 2024 was 57.19.

Gfm Resources Debt-to-Asset Historical Data

The historical data trend for Gfm Resources'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.

Gfm Resources Debt-to-Asset Chart

Gfm Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

23.24

134.57

27.86

26.48

57.15

Gfm Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															41.69	21.69	90.65	57.15	57.19

Competitive Comparison of Gfm Resources's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Gfm Resources'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.

Gfm Resources's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gfm Resources's Debt-to-Asset falls into.

Gfm Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gfm Resources's Debt-to-Asset for the fiscal year 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
	=	(1.886	+	0)	/	0.033
	=	57.15

Gfm Resources's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.059	+	0)	/	0.036
	=	57.19

Gfm Resources (TSXV:GFM.H) 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.

Gfm Resources Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Gfm Resources's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Gfm Resources (TSXV:GFM.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gfm Resources Ltd (TSXV:GFM.H) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6

Website

http://www.gfm-resources.com

Gfm Resources Ltd is a Canada-based mineral exploration company. It is engaged in the business of acquisition, exploration, and development of mineral properties in Mexico. Its property includes La Casita, Durango and Dany II, Guanajuato project.

Gfm Resources (TSXV:GFM.H) Headlines

No Headlines