Gold Mountain Mining (Gold Mountain Mining) LT-Debt-to-Total-Asset : 0.00 (As of Jan. 2024)

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What is Gold Mountain 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 Mountain Mining's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.00.

Gold Mountain Mining's long-term debt to total assets ratio increased from Jan. 2023 (0.00) to Jan. 2024 (0.00). It may suggest that Gold Mountain Mining is progressively becoming more dependent on debt to grow their business.

Gold Mountain Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gold Mountain 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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Gold Mountain Mining LT-Debt-to-Total-Asset Chart

Gold Mountain Mining Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.81

0.32

0.08

Gold Mountain Mining Quarterly Data
	Jan19	Jan20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										-	0.01	-	0.02	-

Gold Mountain Mining LT-Debt-to-Total-Asset Calculation

Gold Mountain Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	0.095	/	37.509
	=	0.00

Gold Mountain Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	0.095	/	37.509
	=	0.00

Gold Mountain Mining (OTCPK:GMTNF) 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 Mountain Mining LT-Debt-to-Total-Asset Related Terms

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Gold Mountain Mining (Gold Mountain Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Mountain Mining Corp (OTCPK:GMTNF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

5XFA:Germany GMTN:Canada

Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://www.gold-mountain.ca

Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.