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Avocet Resources (FRA:U3O) Liabilities-to-Assets : 0.02 (As of Jun. 2013)


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What is Avocet Resources 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. Avocet Resources's Total Liabilities for the quarter that ended in Jun. 2013 was €0.62 Mil. Avocet Resources's Total Assets for the quarter that ended in Jun. 2013 was €34.33 Mil. Therefore, Avocet Resources's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2013 was 0.02.


Avocet Resources Liabilities-to-Assets Historical Data

The historical data trend for Avocet Resources'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.

* Premium members only.

Avocet Resources Liabilities-to-Assets Chart

Avocet Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Liabilities-to-Assets
Get a 7-Day Free Trial 0.15 0.03 0.07 0.04 0.03

Avocet Resources Quarterly Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 0.03 0.03 0.02

Competitive Comparison of Avocet Resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Avocet Resources'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.


Avocet Resources's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Avocet Resources 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.

Avocet Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2012 is calculated as:

Liabilities-to-Assets (A: Jun. 2012 )=Total Liabilities/Total Assets
=0.209/8.407
=0.02

Avocet Resources's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2013 is calculated as

Liabilities-to-Assets (Q: Jun. 2013 )=Total Liabilities/Total Assets
=0.617/34.333
=0.02

* 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.


Avocet Resources  (FRA:U3O) 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.


Avocet Resources Liabilities-to-Assets Related Terms

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Avocet Resources (FRA:U3O) Business Description

Traded in Other Exchanges
N/A
Address
Avocet Resources Ltd is a uranium exploration company with projects in Western Australia, Queensland and South Australia. The Company holds a portfolio with 25 tenements in Western Australia, one in South Australia and a further five in Queensland.

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