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Premier American Uranium (TSXV:PUR) Liabilities-to-Assets : 0.10 (As of Dec. 2023)


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What is Premier American Uranium 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. Premier American Uranium's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.65 Mil. Premier American Uranium's Total Assets for the quarter that ended in Dec. 2023 was C$6.79 Mil. Therefore, Premier American Uranium's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.10.


Premier American Uranium Liabilities-to-Assets Historical Data

The historical data trend for Premier American Uranium'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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Premier American Uranium Liabilities-to-Assets Chart

Premier American Uranium Annual Data
Trend Dec22 Dec23
Liabilities-to-Assets
0.15 0.10

Premier American Uranium Quarterly Data
Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial - 0.15 0.33 10.13 0.10

Competitive Comparison of Premier American Uranium's Liabilities-to-Assets

For the Uranium subindustry, Premier American Uranium'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.


Premier American Uranium's Liabilities-to-Assets Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where Premier American Uranium's Liabilities-to-Assets falls into.



Premier American Uranium 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.

Premier American Uranium'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
=0.645/6.787
=0.10

Premier American Uranium's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.645/6.787
=0.10

* 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.


Premier American Uranium  (TSXV:PUR) 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.


Premier American Uranium Liabilities-to-Assets Related Terms

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Premier American Uranium (TSXV:PUR) Business Description

Comparable Companies
Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Premier American Uranium Inc a subsidiary of Consolidated Uranium Inc., is focused on the consolidation, exploration, and development of uranium projects in the United States. One of PUR's key strengths lie in the agreements it has to acquire extensive land holdings in two prominent uranium-producing regions in the United States: the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado.

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