GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Atha Energy Corp (OTCPK:SASKF) » Definitions » Liabilities-to-Assets

Atha Energy (Atha Energy) Liabilities-to-Assets : 0.06 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Atha Energy 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. Atha Energy's Total Liabilities for the quarter that ended in Mar. 2024 was $7.41 Mil. Atha Energy's Total Assets for the quarter that ended in Mar. 2024 was $118.69 Mil. Therefore, Atha Energy's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.06.


Atha Energy Liabilities-to-Assets Historical Data

The historical data trend for Atha Energy'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.

Atha Energy Liabilities-to-Assets Chart

Atha Energy Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
4.47 0.81 0.12

Atha Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 - 0.01 0.12 0.06

Competitive Comparison of Atha Energy's Liabilities-to-Assets

For the Uranium subindustry, Atha Energy'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.


Atha Energy's Liabilities-to-Assets Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Atha Energy's Liabilities-to-Assets distribution charts can be found below:

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



Atha Energy 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.

Atha Energy'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
=8.491/73.91
=0.11

Atha Energy's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=7.413/118.691
=0.06

* 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.


Atha Energy  (OTCPK:SASKF) 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.


Atha Energy Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Atha Energy's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Atha Energy (Atha Energy) Business Description

Traded in Other Exchanges
Address
1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1
Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

Atha Energy (Atha Energy) Headlines

From GuruFocus

Atha Energy Announces Closing of 92 Energy Scheme

By GlobeNewswire 04-11-2024