Fathom Nickel (Fathom Nickel) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)

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What is Fathom 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. Fathom Nickel's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Fathom Nickel's long-term debt to total assets ratio declined from Jun. 2022 (0.02) to Sep. 2023 (0.01). It may suggest that Fathom Nickel is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Fathom 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.

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

Fathom Nickel Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.02

Fathom Nickel Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.02	0.02	0.02	0.02	0.01

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

Fathom Nickel's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0.158	/	10.428
	=

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

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.133	/	12.015
	=

Fathom Nickel (OTCPK:FNICF) 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.

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

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Fathom Nickel (Fathom Nickel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fathom Nickel Inc (OTCPK:FNICF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6Q5:Germany FNI:Canada

Address

521 3rd Avenue SW, Suite 730, Calgary, AB, CAN, T2P3T3

Website

https://www.fathomnickel.com

Fathom Nickel Inc is a resource development and exploration company that is targeting high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle market.

Fathom Nickel (Fathom Nickel) Headlines

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