Aqua Metals (Aqua Metals) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Aqua Metals 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. Aqua Metals's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Aqua Metals's long-term debt to total assets ratio declined from Mar. 2023 (0.09) to Mar. 2024 (0.01). It may suggest that Aqua Metals is progressively becoming less dependent on debt to grow their business.

Aqua Metals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Aqua Metals'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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Aqua Metals LT-Debt-to-Total-Asset Chart

Aqua Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.02

0.01

0.09

Aqua Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.14	0.07	0.09	0.01

Aqua Metals LT-Debt-to-Total-Asset Calculation

Aqua Metals'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 )
	=	2.923	/	33.6
	=	0.09

Aqua Metals'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 )
	=	0.143	/	31.446
	=

Aqua Metals (NAS:AQMS) 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.

Aqua Metals LT-Debt-to-Total-Asset Related Terms

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Aqua Metals (Aqua Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Aqua Metals Inc (NAS:AQMS) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AQK:Germany AQK:Germany

Address

5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511

Website

https://www.aquametals.com

Aqua Metals Inc is a United States-based company engaged in the business of recycling Lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. The company's breakthrough, AquaRefining, delivers a product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade Lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of Lead production.

Executives

Vincent L Divito	director	329 DOLPHIN LANE, WEST BABYLON NY 11704
Sung Yi	director	C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Peifang Zhang	director	21640 E. BRIARWOOD DR., AURORA CO 80016
Edward J Smith	director	635 HOOD ROAD, MARKHAM A6 L3R 4N6
David Kanen	director	6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Fund, Lp	other: Passive Investor	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	other: Passive Investor	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
David Mcmurtry	officer: Chief Business Officer	C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Stephen Cotton	officer: Chief Commercial Officer	1010 ATLANTIC AVE, ALAMEDA CA 94501
Benjamin S. Taecker	officer: Chief Eng and Opr Officer	C/O AQUA METALS, 2500 PERU DR., MCCARRAN NV 89437
Judd Merrill	officer: Chief Financial Officer	2425 CROOKED CANYON CT., RENO NV 89521
S. Shariq Yosufzai	director	171 ALPINE TERRACE, OAKLAND CA 94618
Gayle J Gibson	director	2500 PERU DRIVE, MCCARRAN NV 89437
Susanne Meline	director	P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Sushil Kapoor	director	AQUA METALS, INC., 1010 ATLANTIC AVE STE 101, ALAMEDA CA 94501