Laramide Resources (LAM.TO) Debt Metrics
Market Cap: $154.79M
Avg Volume: 267.56K
Industry: Industrial Materials
Sector: Basic Materials
How much debt does Laramide Resources have?
According to Laramide Resources's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Laramide Resources's total debt stands at $4.33M. This is broken down into:
- Long-term debt: $4.17M
- Short-term debt: $156.13K
The company's net debt, which accounts for cash and cash equivalents, is $-4.73M. In terms of overall financial obligations, Laramide Resources's total liabilities amount to $12.96M.
Debt Ratios and Metrics
To better understand Laramide Resources's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.04 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 3.95% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -3.20 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 4.14% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 4.29% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Laramide Resources's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$4.33M
Long-term Debt
$4.17M
Short-term Debt
$156.13K
Net Debt
$-4.73M
Total Liabilities
$12.96M
Interest Coverage
-3.20
Debt to Equity Ratio
0.04
Debt Ratio
3.95%
Laramide Resources Historical Debt Metrics
Laramide Resources Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $4.33M | $4.17M | $156.13K | $-4.73M | $12.96M | 0.04 | 3.95% | -3.20 | 4.14% | 4.29% |
| 2022 | $6.01M | $- | $6.01M | $4.43M | $12.74M | 0.07 | 6.02% | -2.43 | 0.00% | 6.45% |
| 2021 | $6.82M | $6.24M | $575.29K | $-820.36K | $17.85M | 0.09 | 7.06% | -2.02 | 7.27% | 7.97% |
| 2020 | $7.44M | $6.36M | $1.08M | $7.35M | $15.33M | 0.10 | 8.08% | -0.91 | 7.64% | 8.83% |
| 2019 | $10.05M | $6.32M | $3.73M | $10.02M | $14.84M | 0.14 | 11.62% | -0.83 | 8.11% | 12.31% |
| 2018 | $11.48M | $8.66M | $2.82M | $10.12M | $19.54M | 0.16 | 12.53% | -1.00 | 10.31% | 13.74% |
| 2017 | $9.51M | $7.08M | $2.43M | $7.78M | $17.49M | 0.13 | 10.64% | -0.65 | 8.97% | 11.68% |
| 2016 | $3.25M | $3.25M | $- | $2.72M | $9.63M | 0.05 | 4.10% | -1.56 | 4.46% | 4.46% |
| 2015 | $3.47M | $3.47M | $- | $2.62M | $10.60M | 0.05 | 4.25% | -3.03 | 4.65% | 4.65% |
| 2014 | $5.46M | $- | $5.46M | $5.35M | $8.54M | 0.08 | 7.37% | -3.89 | 0.00% | 7.70% |
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