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Cascadia Minerals (Cascadia Minerals) Liabilities-to-Assets : 0.10 (As of Dec. 2023)


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What is Cascadia Minerals Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Cascadia Minerals's Total Liabilities for the quarter that ended in Dec. 2023 was $0.18 Mil. Cascadia Minerals's Total Assets for the quarter that ended in Dec. 2023 was $1.68 Mil. Therefore, Cascadia Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.10.


Cascadia Minerals Liabilities-to-Assets Historical Data

The historical data trend for Cascadia Minerals's Liabilities-to-Assets 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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Cascadia Minerals Liabilities-to-Assets Chart

Cascadia Minerals Annual Data
Trend Dec22 Dec23
Liabilities-to-Assets
0.19 0.10

Cascadia Minerals Quarterly Data
Sep22 Dec22 Jun23 Sep23 Dec23
Liabilities-to-Assets - 0.19 - 0.24 0.10

Competitive Comparison of Cascadia Minerals's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Cascadia Minerals's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cascadia Minerals's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cascadia Minerals's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Cascadia Minerals's Liabilities-to-Assets falls into.



Cascadia Minerals Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Cascadia Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.175/1.679
=0.10

Cascadia Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.175/1.679
=0.10

* 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.


Cascadia Minerals  (OTCPK:CAMNF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Cascadia Minerals Liabilities-to-Assets Related Terms

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Cascadia Minerals (Cascadia Minerals) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.

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