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Tertiary Minerals (Tertiary Minerals) Liabilities-to-Assets : 0.09 (As of Sep. 2023)


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What is Tertiary Minerals 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. Tertiary Minerals's Total Liabilities for the quarter that ended in Sep. 2023 was $0.10 Mil. Tertiary Minerals's Total Assets for the quarter that ended in Sep. 2023 was $1.08 Mil. Therefore, Tertiary Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.09.


Tertiary Minerals Liabilities-to-Assets Historical Data

The historical data trend for Tertiary Minerals'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.

Tertiary Minerals Liabilities-to-Assets Chart

Tertiary Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.38 0.07 0.11 0.09

Tertiary Minerals Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.07 0.09 0.11 0.09 0.09

Competitive Comparison of Tertiary Minerals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Tertiary Minerals'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.


Tertiary Minerals's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Tertiary Minerals 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.

Tertiary Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=0.1/1.084
=0.09

Tertiary Minerals'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
=0.1/1.084
=0.09

* 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.


Tertiary Minerals  (OTCPK:TTIRF) 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.


Tertiary Minerals Liabilities-to-Assets Related Terms

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Tertiary Minerals (Tertiary Minerals) Business Description

Traded in Other Exchanges
Address
Queens Avenue, Silk Point, Macclesfield, Cheshire, GBR, SK10 2BB
Tertiary Minerals PLC is involved in the identification, acquisition, exploration and development of mineral deposits including precious metals, base metals, and industrial minerals in Nevada, the USA, and Northern Europe. The company has one reporting segment, the management of exploration projects, which is supported by a Head Office function. Its projects include Konkola West Copper Project, Mukai Copper Project, Mushima North Copper Project, Jacks Copper Project, Lubuila Project, Mupala Project, Brunton Pass Copper-Gold Project, Storuman Fluorspar Project, Lassedalen Fluorspar Project.

Tertiary Minerals (Tertiary Minerals) Headlines

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