Los Andes Copper (Los Andes Copper) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

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What is Los Andes Copper 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. Los Andes Copper's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Los Andes Copper's long-term debt to total assets ratio increased from Mar. 2023 (0.11) to Mar. 2024 (0.13). It may suggest that Los Andes Copper is progressively becoming more dependent on debt to grow their business.

Los Andes Copper LT-Debt-to-Total-Asset Historical Data

The historical data trend for Los Andes Copper'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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Los Andes Copper LT-Debt-to-Total-Asset Chart

Los Andes Copper Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.05

0.13

0.12

Los Andes Copper 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															0.11	0.11	0.12	0.12	0.13

Los Andes Copper LT-Debt-to-Total-Asset Calculation

Los Andes Copper's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	9.754	/	81.948
	=

Los Andes Copper'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 )
	=	10.235	/	77.312
	=

Los Andes Copper (OTCPK:LSANF) 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.

Los Andes Copper LT-Debt-to-Total-Asset Related Terms

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Los Andes Copper (Los Andes Copper) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Los Andes Copper Ltd (OTCPK:LSANF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

L41A:Germany LA:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.losandescopper.com

Los Andes Copper Ltd is involved in the acquisition, exploration, and development of copper deposits in Latin America. Its project consists of Vizcachitas Copper Project in Chile.

Los Andes Copper (Los Andes Copper) Headlines

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