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Blue Star Gold (TSXV:BAU) Liabilities-to-Assets : 0.08 (As of Feb. 2024)


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What is Blue Star 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. Blue Star Gold's Total Liabilities for the quarter that ended in Feb. 2024 was C$2.51 Mil. Blue Star Gold's Total Assets for the quarter that ended in Feb. 2024 was C$32.67 Mil. Therefore, Blue Star Gold's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.08.


Blue Star Gold Liabilities-to-Assets Historical Data

The historical data trend for Blue Star 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.

Blue Star Gold Liabilities-to-Assets Chart

Blue Star Gold Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.58 0.12 0.10 0.08

Blue Star Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.11 0.10 0.10 0.08 0.08

Competitive Comparison of Blue Star Gold's Liabilities-to-Assets

For the Gold subindustry, Blue Star 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.


Blue Star Gold's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Blue Star 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.

Blue Star Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Liabilities-to-Assets (A: Nov. 2023 )=Total Liabilities/Total Assets
=2.447/32.658
=0.07

Blue Star Gold's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=2.512/32.667
=0.08

* 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.


Blue Star Gold  (TSXV:BAU) 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.


Blue Star Gold Liabilities-to-Assets Related Terms

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Blue Star Gold (TSXV:BAU) Business Description

Traded in Other Exchanges
Address
507 - 700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Blue Star Gold Corp is a Vancouver-based gold company focused on exploring and developing mineral projects in Canada. The company's project portfolio includes Nunavut, the Ulu gold project, and the Roma project. The company is focused on growing existing mineral resources at Ulu Property. The Hood River Property is the company's exploration stage and least explored property. The Hood River Property together with Ulu affords substantial exploration potential on confirmed known gold occurrences.
Executives
Darren Lindsay Senior Officer

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