Widgie Nickel (ASX:WIN) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Widgie Nickel 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. Widgie Nickel's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Widgie Nickel's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.00). It may suggest that Widgie Nickel is progressively becoming less dependent on debt to grow their business.

Widgie Nickel LT-Debt-to-Total-Asset Historical Data

The historical data trend for Widgie Nickel'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.

* Premium members only.

Widgie Nickel LT-Debt-to-Total-Asset Chart

Widgie Nickel Annual Data

Trend

Jun23

LT-Debt-to-Total-Asset

Widgie Nickel Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	-	-	0.01	-	-

Widgie Nickel LT-Debt-to-Total-Asset Calculation

Widgie Nickel's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	0.111	/	46.958
	=

Widgie Nickel's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.037	/	43.827
	=

Widgie Nickel (ASX:WIN) 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.

Widgie Nickel LT-Debt-to-Total-Asset Related Terms

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

Widgie Nickel (ASX:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Widgie Nickel Ltd (ASX:WIN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WDGNF:USA

Address

220 St Georges Terrace, Level 4, Perth, WA, AUS, 6000

Website

https://www.widgienickel.com.au

Widgie Nickel Ltd is a nickel exploration and development company. Its projects include Widgie South, Widgie North, Widgie West, and Lake Eaton-Mt Eaton. The company operates in given segments comprised of exploration and development activities over the Mt Edwards Project. It operates in a single geographical area which is Australia.

Widgie Nickel (ASX:WIN) Headlines

No Headlines