Inmet Mining (FRA:MMC) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2012)

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What is Inmet Mining 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. Inmet Mining's long-term debt to total assests ratio for the quarter that ended in Dec. 2012 was 0.30.

Inmet Mining's long-term debt to total assets ratio increased from Dec. 2011 (0.01) to Dec. 2012 (0.30). It may suggest that Inmet Mining is progressively becoming more dependent on debt to grow their business.

Inmet Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Inmet Mining'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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Inmet Mining LT-Debt-to-Total-Asset Chart

Inmet Mining Annual Data

Trend

Dec03

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Dec05

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Dec07

Dec08

Dec09

Dec10

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Dec12

LT-Debt-to-Total-Asset

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0.14

0.07

0.01

0.30

Inmet Mining Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.26	0.25	0.30

Inmet Mining LT-Debt-to-Total-Asset Calculation

Inmet Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (A: Dec. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2012 )	/	Total Assets (A: Dec. 2012 )
	=	1493.697	/	5016.907
	=	0.30

Inmet Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

LT Debt to Total Assets (Q: Dec. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2012 )	/	Total Assets (Q: Dec. 2012 )
	=	1493.697	/	5016.907
	=	0.30

Inmet Mining (FRA:MMC) 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.

Inmet Mining LT-Debt-to-Total-Asset Related Terms

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Inmet Mining (FRA:MMC) Business Description

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Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Ã‡ayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. PyhÃ¤salmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.