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Silver Scott Mines (Silver Scott Mines) Liabilities-to-Assets : 0.12 (As of Sep. 2023)


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What is Silver Scott Mines 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. Silver Scott Mines's Total Liabilities for the quarter that ended in Sep. 2023 was $0.05 Mil. Silver Scott Mines's Total Assets for the quarter that ended in Sep. 2023 was $0.45 Mil. Therefore, Silver Scott Mines's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.12.


Silver Scott Mines Liabilities-to-Assets Historical Data

The historical data trend for Silver Scott Mines'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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Silver Scott Mines Liabilities-to-Assets Chart

Silver Scott Mines Annual Data
Trend
Liabilities-to-Assets

Silver Scott Mines Semi-Annual Data
Sep22 Sep23
Liabilities-to-Assets - 0.12

Competitive Comparison of Silver Scott Mines's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Silver Scott Mines'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.


Silver Scott Mines's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Scott Mines's Liabilities-to-Assets falls into.



Silver Scott Mines 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.

Silver Scott Mines's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

Silver Scott Mines's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=0.054/0.452
=0.12

* 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.


Silver Scott Mines  (OTCPK:SILS) 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.


Silver Scott Mines Liabilities-to-Assets Related Terms

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Silver Scott Mines (Silver Scott Mines) Business Description

Traded in Other Exchanges
N/A
Address
8296 Portofino Drive, Unit 205, Championsgate, FL, USA, 33896
Silver Scott Mines Inc is a holding company owning assets in the digital currency, DeFI, blockchain, and Web3.0 verticals. It uses a subscription based model to offer online cryptocurrency education and mentoring services through its Dr. Crypto Pro membership program.

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