Matsa Resources (ASX:MAT) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

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What is Matsa 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. Matsa Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Matsa Resources's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.18). It may suggest that Matsa Resources is progressively becoming more dependent on debt to grow their business.

Matsa Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Matsa 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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Matsa Resources LT-Debt-to-Total-Asset Chart

Matsa Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.15

0.17

Matsa Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.16	0.17	0.18	0.17

Matsa Resources LT-Debt-to-Total-Asset Calculation

Matsa Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	3.989	/	23.276
	=

Matsa Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	3.993	/	22.798
	=

Matsa Resources (ASX:MAT) 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.

Matsa Resources LT-Debt-to-Total-Asset Related Terms

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Matsa Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Matsa Resources Ltd (ASX:MAT) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

KB2:Germany

Address

139 Newcastle Street, Suite 11, Perth, WA, AUS, 6000

Website

https://www.matsa.com.au

Matsa Resources Ltd engages in the operation of mineral exploration. It focuses on gold, nickel, iron, and copper ore assets. It involves in the operation of Lake Carey, Symons Hill, Red October Siam Copper, Paraburdoo and Fortitude North-Exploration projects. It operates through the Australia and Thailand geographical segments.