Molibdenos y Metales (XSGO:MOLYMET) LT-Debt-to-Total-Asset : 0.31 (As of Mar. 2024)

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What is Molibdenos y Metales 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. Molibdenos y Metales's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.31.

Molibdenos y Metales's long-term debt to total assets ratio increased from Mar. 2023 (0.18) to Mar. 2024 (0.31). It may suggest that Molibdenos y Metales is progressively becoming more dependent on debt to grow their business.

Molibdenos y Metales LT-Debt-to-Total-Asset Historical Data

The historical data trend for Molibdenos y Metales'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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Molibdenos y Metales LT-Debt-to-Total-Asset Chart

Molibdenos y Metales Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.18

0.20

0.39

Molibdenos y Metales 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															0.18	0.34	0.36	0.39	0.31

Molibdenos y Metales LT-Debt-to-Total-Asset Calculation

Molibdenos y Metales'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 )
	=	668253.69	/	1718821.064
	=	0.39

Molibdenos y Metales'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 )
	=	488214.739	/	1600520.627
	=	0.31

Molibdenos y Metales (XSGO:MOLYMET) 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.

Molibdenos y Metales LT-Debt-to-Total-Asset Related Terms

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Molibdenos y Metales (XSGO:MOLYMET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Molibdenos y Metales SA (XSGO:MOLYMET) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Camino Nos a Los Morros No 66, San Bernardo, Santiago, CHL

Website

http://www.molymet.cl

Molibdenos y Metales SA is a Chile-based holding company engaged in the treatment and processing of molybdenum and related products, which are used in a range of industrial activities. The company offers Molybdenum- and Rhenium-based products to different industries, such as the iron and steel industry, the chemical industry, the metal/superalloy industry and others.

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