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New Tymbal Resources (TSXV:NTB) Liabilities-to-Assets : 14.28 (As of Jan. 2024)


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What is New Tymbal 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. New Tymbal Resources's Total Liabilities for the quarter that ended in Jan. 2024 was C$4.63 Mil. New Tymbal Resources's Total Assets for the quarter that ended in Jan. 2024 was C$0.32 Mil. Therefore, New Tymbal Resources's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 14.28.


New Tymbal Resources Liabilities-to-Assets Historical Data

The historical data trend for New Tymbal 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.

New Tymbal Resources Liabilities-to-Assets Chart

New Tymbal Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.54 16.25 10.95 12.51 14.28

New Tymbal Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.51 10.66 11.22 11.41 14.28

Competitive Comparison of New Tymbal Resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, New Tymbal 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.


New Tymbal Resources's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Tymbal Resources's Liabilities-to-Assets falls into.



New Tymbal 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.

New Tymbal Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Liabilities-to-Assets (A: Jan. 2024 )=Total Liabilities/Total Assets
=4.628/0.324
=14.28

New Tymbal Resources's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=4.628/0.324
=14.28

* 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.


New Tymbal Resources  (TSXV:NTB) 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.


New Tymbal Resources Liabilities-to-Assets Related Terms

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New Tymbal Resources (TSXV:NTB) Business Description

Traded in Other Exchanges
N/A
Address
850 West Hastings Street, Suite 600, Vancouver, BC, CAN, V6C 1E1
Website
Tymbal Resources Ltd is a mineral exploration company. It engages in the exploration and evaluation of mineral properties in Canada.

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