Gold and GemStone Mining (Gold and GemStone Mining) LT-Debt-to-Total-Asset : 23.00 (As of Oct. 2014)

View and export this data going back to 2010. Start your Free Trial

What is Gold and GemStone 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. Gold and GemStone Mining's long-term debt to total assests ratio for the quarter that ended in Oct. 2014 was 23.00.

Gold and GemStone Mining's long-term debt to total assets ratio increased from Jul. 2013 (3.29) to Oct. 2014 (23.00). It may suggest that Gold and GemStone Mining is progressively becoming more dependent on debt to grow their business.

Gold and GemStone Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gold and GemStone 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.

* Premium members only.

Gold and GemStone Mining LT-Debt-to-Total-Asset Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

LT-Debt-to-Total-Asset

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														3.29	23.00	23.00	0.98	23.00

Gold and GemStone Mining LT-Debt-to-Total-Asset Calculation

Gold and GemStone Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2012 is calculated as

LT Debt to Total Assets (A: Jan. 2012 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2012 )	/	Total Assets (A: Jan. 2012 )
	=	0	/	0
	=

Gold and GemStone Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2014 is calculated as

LT Debt to Total Assets (Q: Oct. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2014 )	/	Total Assets (Q: Oct. 2014 )
	=	0.023	/	0.001
	=

Gold and GemStone Mining (OTCPK:GGSM) 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.

Gold and GemStone Mining LT-Debt-to-Total-Asset Related Terms

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

Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.