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Resource Capital Gold (Resource Capital Gold) Liabilities-to-Assets : 0.61 (As of Sep. 2018)


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What is Resource Capital Gold 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. Resource Capital Gold's Total Liabilities for the quarter that ended in Sep. 2018 was $15.36 Mil. Resource Capital Gold's Total Assets for the quarter that ended in Sep. 2018 was $25.22 Mil. Therefore, Resource Capital Gold's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 was 0.61.


Resource Capital Gold Liabilities-to-Assets Historical Data

The historical data trend for Resource Capital Gold'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.

Resource Capital Gold Liabilities-to-Assets Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.46 4.33 0.66 0.60

Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.37 0.39 0.60 0.61

Competitive Comparison of Resource Capital Gold's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Resource Capital Gold'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.


Resource Capital Gold's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Resource Capital Gold's Liabilities-to-Assets falls into.



Resource Capital Gold 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.

Resource Capital Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2018 is calculated as:

Liabilities-to-Assets (A: Jun. 2018 )=Total Liabilities/Total Assets
=15.222/25.21
=0.60

Resource Capital Gold's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 is calculated as

Liabilities-to-Assets (Q: Sep. 2018 )=Total Liabilities/Total Assets
=15.361/25.224
=0.61

* 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.


Resource Capital Gold  (OTCPK:GDPEF) 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.


Resource Capital Gold Liabilities-to-Assets Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire 11-03-2018

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire 03-16-2018