North Bay Resources (North Bay Resources) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2015)

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What is North Bay Resources 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. North Bay Resources's long-term debt to total assests ratio for the quarter that ended in Sep. 2015 was 0.00.

North Bay Resources's long-term debt to total assets ratio declined from Sep. 2014 (0.43) to Sep. 2015 (0.00). It may suggest that North Bay Resources is progressively becoming less dependent on debt to grow their business.

North Bay Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for North Bay Resources'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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North Bay Resources LT-Debt-to-Total-Asset Chart

North Bay Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.43

0.01

North Bay Resources Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.43	0.01	-	-	-

North Bay Resources LT-Debt-to-Total-Asset Calculation

North Bay Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	0.013	/	2.616
	=	0.00

North Bay Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

LT Debt to Total Assets (Q: Sep. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2015 )	/	Total Assets (Q: Sep. 2015 )
	=	0	/	2.588
	=

North Bay Resources (OTCPK:NBRI) 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.

North Bay Resources LT-Debt-to-Total-Asset Related Terms

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North Bay Resources (North Bay Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Bay Resources Inc (OTCPK:NBRI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 162, Skippack, PA, USA, 19474

Website

http://www.northbayresources.com

North Bay Resources Inc is a natural resource company. It is engaged in the exploration, acquisition, development, and mining of precious metals and other mineral properties. The company's projects include Mount Washington Project; Tulameen Platinum; Zeballos Gold; Fraser River Platinum; and; Zippa Mtn Wollastonite.

North Bay Resources (North Bay Resources) Headlines

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