Plato Gold (Plato Gold) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)

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What is Plato 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. Plato Gold's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Plato Gold's long-term debt to total assets ratio declined from Sep. 2022 (0.01) to Sep. 2023 (0.00). It may suggest that Plato Gold is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Plato 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.

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

Plato Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

Plato Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.01	-	-

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

Plato Gold'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	/	1.82
	=

Plato Gold's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0	/	1.794
	=

Plato Gold (OTCPK:NIOVF) 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.

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

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Plato Gold (Plato Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Plato Gold Corp (OTCPK:NIOVF) » Definitions » LT-Debt-to-Total-Asset

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PGC:Canada

Address

1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7

Website

https://www.platogold.com

Plato Gold Corp is a Canada-based gold and rare minerals exploration company. It is engaged in exploring precious and strategic metals properties. The company has four projects namely, the Good Hope Niobium project, Pic River Platinum Group Metals (PGM) project, the Timmins Gold project, and the Lolita project.