Premier African Minerals (LSE:PREM) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2023)

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What is Premier African Minerals 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. Premier African Minerals's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.00.

Premier African Minerals's long-term debt to total assets ratio stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Premier African Minerals LT-Debt-to-Total-Asset Historical Data

The historical data trend for Premier African Minerals'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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Premier African Minerals LT-Debt-to-Total-Asset Chart

Premier African Minerals Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

Premier African Minerals Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Premier African Minerals LT-Debt-to-Total-Asset Calculation

Premier African Minerals's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	41.916
	=

Premier African Minerals's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	0	/	40.521
	=

Premier African Minerals (LSE:PREM) 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.

Premier African Minerals LT-Debt-to-Total-Asset Related Terms

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Premier African Minerals (LSE:PREM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premier African Minerals Ltd (LSE:PREM) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

0PA:Germany

Address

Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG 1110

Website

https://www.premierafricanminerals.com

Premier African Minerals Ltd is a mining company that explores, evaluates, and develops mineral properties focused mainly on tungsten, lithium and tantalum, nickel, and rare earth elements in Africa. The company operates in three segments: RHA and RHA Mauritius, which is engaged in the development and mining of Wolframite; Zulu and Zulu Mauritius, which is engaged in the development of Lithium and Tantalite; and Head office.

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