Bellevue Gold (ASX:BGL) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Bellevue 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. Bellevue Gold's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.31.

Bellevue Gold's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.31). It may suggest that Bellevue Gold is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Bellevue 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.

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

Bellevue Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

Bellevue Gold Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.07	0.20	0.31

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

Bellevue Gold's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	124.076	/	629.651
	=

Bellevue Gold'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 )
	=	236.069	/	771.936
	=	0.31

Bellevue Gold (ASX:BGL) 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.

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

Thank you for viewing the detailed overview of Bellevue Gold's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Bellevue Gold (ASX:BGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bellevue Gold Ltd (ASX:BGL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

BELGF:USA

Address

24 Outram Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.bellevuegold.com.au

Bellevue Gold Ltd is a gold exploration company. Its single operating segment being the exploration and evaluation of minerals in Australia. The company projects include the Bellevue Gold Project which is located in the northwest of Kalgoorlie in Western Australia, the Kathleen Valley Project, and the South Yandal Gold Project.

Bellevue Gold (ASX:BGL) Headlines

No Headlines