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Dark Star Minerals (XCNQ:BATT) Liabilities-to-Assets : 0.90 (As of Dec. 2023)


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What is Dark Star 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. Dark Star Minerals's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.12 Mil. Dark Star Minerals's Total Assets for the quarter that ended in Dec. 2023 was C$0.14 Mil. Therefore, Dark Star Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.90.


Dark Star Minerals Liabilities-to-Assets Historical Data

The historical data trend for Dark Star 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.

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Dark Star Minerals Liabilities-to-Assets Chart

Dark Star Minerals Annual Data
Trend Dec22 Dec23
Liabilities-to-Assets
0.20 0.90

Dark Star Minerals Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial - 0.20 0.12 0.47 0.90

Competitive Comparison of Dark Star Minerals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Dark Star 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.


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

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

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



Dark Star 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.

Dark Star Minerals'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
=0.123/0.136
=0.90

Dark Star Minerals'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
=0.123/0.136
=0.90

* 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.


Dark Star Minerals  (XCNQ:BATT) 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.


Dark Star Minerals Liabilities-to-Assets Related Terms

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Dark Star Minerals (XCNQ:BATT) Business Description

Traded in Other Exchanges
N/A
Address
1056 Handsworth Road, North Vancouver, BC, CAN, V7R 2A6
Dark Star Minerals Inc is engaged in the acquisition, exploration, and development of mineral resources properties.
Executives
Marc Robert Branson Director, Senior Officer

Dark Star Minerals (XCNQ:BATT) Headlines