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Osceola Gold (Osceola Gold) LT-Debt-to-Total-Asset : 211.73 (As of Sep. 2023)


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What is Osceola Gold 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. Osceola Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 211.73.

Osceola Gold's long-term debt to total assets ratio declined from Dec. 2021 (503.80) to Sep. 2023 (211.73). It may suggest that Osceola Gold is progressively becoming less dependent on debt to grow their business.


Osceola Gold LT-Debt-to-Total-Asset Historical Data

The historical data trend for Osceola Gold'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.

Osceola Gold LT-Debt-to-Total-Asset Chart

Osceola Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec21 Dec22
LT-Debt-to-Total-Asset
- 0.01 0.29 503.80 382.81

Osceola Gold Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Dec21 Dec22 Mar23 Jun23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 503.80 382.81 360.29 360.29 211.73

Osceola Gold LT-Debt-to-Total-Asset Calculation

Osceola Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=6.125/0.016
=

Osceola Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=6.987/0.033
=

* 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.


Osceola Gold  (OTCPK:OSCI) 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.


Osceola Gold LT-Debt-to-Total-Asset Related Terms

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Osceola Gold (Osceola Gold) Business Description

Traded in Other Exchanges
N/A
Address
203 Three Springs Drive, Suite No. 3, Weirton, WV, USA, 26062
Osceola Gold Inc is engaged in gold mining activities in Osceola mining district in Mary Ann canyon in Nevada.