49 North Resources (TSXV:FNR) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is 49 North Resources 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. 49 North Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

49 North Resources's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that 49 North Resources is progressively becoming less dependent on debt to grow their business.

49 North Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for 49 North Resources'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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49 North Resources LT-Debt-to-Total-Asset Chart

49 North Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

49 North Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

49 North Resources LT-Debt-to-Total-Asset Calculation

49 North Resources'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 )
	=	0	/	16.829
	=	0.00

49 North Resources'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 )
	=	0	/	16.829
	=	0.00

49 North Resources (TSXV:FNR) 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.

49 North Resources LT-Debt-to-Total-Asset Related Terms

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49 North Resources (TSXV:FNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 49 North Resources Inc (TSXV:FNR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FNINF:USA O49:Germany

Address

224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5

Website

https://www.fnr.ca

49 North Resources Inc is a resource investment, financial, and managerial advisory company. Principally, it is engaged in the business of investing in a diversified portfolio of common shares and other securities of resource issuers. The company invests in assets mainly involved in the mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio.

Executives

Tom Macneill

10% Security Holder, Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

49 North Resources (TSXV:FNR) Headlines

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