Sailfish Royalty (TSXV:FISH) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Sailfish Royalty 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. Sailfish Royalty's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Sailfish Royalty's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.09). It may suggest that Sailfish Royalty is progressively becoming more dependent on debt to grow their business.

Sailfish Royalty LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sailfish Royalty'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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Sailfish Royalty LT-Debt-to-Total-Asset Chart

Sailfish Royalty Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.06

0.09

Sailfish Royalty Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.09	0.09	0.09

Sailfish Royalty LT-Debt-to-Total-Asset Calculation

Sailfish Royalty's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	5.263	/	57.412
	=	0.09

Sailfish Royalty'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 )
	=	5.321	/	56.528
	=	0.09

Sailfish Royalty (TSXV:FISH) 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.

Sailfish Royalty LT-Debt-to-Total-Asset Related Terms

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Sailfish Royalty (TSXV:FISH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sailfish Royalty Corp (TSXV:FISH) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

SROYF:USA

Address

Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110

Website

https://www.sailfishroyalty.com

Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.

Executives

Asheef Lalani

Director

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