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Hi Ho Silver Resources (Hi Ho Silver Resources) Liabilities-to-Assets : 1.29 (As of Apr. 2021)


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What is Hi Ho Silver 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. Hi Ho Silver Resources's Total Liabilities for the quarter that ended in Apr. 2021 was $0.88 Mil. Hi Ho Silver Resources's Total Assets for the quarter that ended in Apr. 2021 was $0.68 Mil. Therefore, Hi Ho Silver Resources's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2021 was 1.29.


Hi Ho Silver Resources Liabilities-to-Assets Historical Data

The historical data trend for Hi Ho Silver 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.

Hi Ho Silver Resources Liabilities-to-Assets Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 2.07 0.64 1.12 1.45

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 1.16 1.45 1.54 1.61 1.29

Competitive Comparison of Hi Ho Silver Resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver 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.


Hi Ho Silver Resources's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Hi Ho Silver 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.

Hi Ho Silver Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2020 is calculated as:

Liabilities-to-Assets (A: Jul. 2020 )=Total Liabilities/Total Assets
=0.94/0.65
=1.45

Hi Ho Silver Resources's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2021 is calculated as

Liabilities-to-Assets (Q: Apr. 2021 )=Total Liabilities/Total Assets
=0.876/0.677
=1.29

* 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.


Hi Ho Silver Resources  (OTCPK:HHSRF) 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.


Hi Ho Silver Resources Liabilities-to-Assets Related Terms

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Hi Ho Silver Resources (Hi Ho Silver Resources) Business Description

Traded in Other Exchanges
N/A
Address
Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.

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