GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Nordic Metals Corp (OTCPK:FNMCF) » Definitions » LT-Debt-to-Total-Asset

First Nordic Metals (First Nordic Metals) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is First Nordic Metals 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. First Nordic Metals's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

First Nordic Metals's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).


First Nordic Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for First Nordic Metals'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.

First Nordic Metals LT-Debt-to-Total-Asset Chart

First Nordic Metals Annual Data
Trend Apr15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only - - - - -

First Nordic Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

First Nordic Metals LT-Debt-to-Total-Asset Calculation

First Nordic Metals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=0/0.375
=

First Nordic Metals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=0/5.228
=

* 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.


First Nordic Metals  (OTCPK:FNMCF) 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.


First Nordic Metals LT-Debt-to-Total-Asset Related Terms

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


First Nordic Metals (First Nordic Metals) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1130, Vancouver, BC, CAN, V6E 2E9
Barsele Minerals Corp is a Canada-based mineral exploration company. It is involved in the acquisition and exploration of mineral properties in Sweden. The project is a joint venture with Agnico Eagle Mines where the firm holds a substantial part of the company's ownership. The company's reportable operating segment is the acquisition and exploration of mineral properties.