McFarlane Lake Mining (NEOE:MLM) Debt-to-Asset : 0.10 (As of Feb. 2024)

McFarlane Lake Mining Debt-to-Asset Chart

McFarlane Lake Mining Quarterly Data
	Jun21	Sep21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Asset	Get a 7-Day Free Trial						0.25	0.22	0.49	0.05	0.10

Competitive Comparison of McFarlane Lake Mining's Debt-to-Asset

For the Gold subindustry, McFarlane Lake Mining's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

McFarlane Lake Mining's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, McFarlane Lake Mining's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where McFarlane Lake Mining's Debt-to-Asset falls into.

McFarlane Lake Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

McFarlane Lake Mining's Debt-to-Asset for the fiscal year that ended in Aug. 2023 is calculated as

McFarlane Lake Mining's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

* 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.

McFarlane Lake Mining  (NEOE:MLM) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

McFarlane Lake Mining Debt-to-Asset Related Terms

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McFarlane Lake Mining (NEOE:MLM) Business Description