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Zephyr Minerals (Zephyr Minerals) Liabilities-to-Assets : 0.04 (As of Mar. 2024)


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What is Zephyr 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. Zephyr Minerals's Total Liabilities for the quarter that ended in Mar. 2024 was $0.14 Mil. Zephyr Minerals's Total Assets for the quarter that ended in Mar. 2024 was $3.87 Mil. Therefore, Zephyr Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.04.


Zephyr Minerals Liabilities-to-Assets Historical Data

The historical data trend for Zephyr 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.

Zephyr Minerals Liabilities-to-Assets Chart

Zephyr Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.02 0.03

Zephyr Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.03 0.03 0.03 0.04

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

For the Gold subindustry, Zephyr 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.


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

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

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



Zephyr 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.

Zephyr 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
=0.121/3.933
=0.03

Zephyr Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=0.143/3.87
=0.04

* 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.


Zephyr Minerals  (OTCPK:ZPHYF) 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.


Zephyr Minerals Liabilities-to-Assets Related Terms

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Zephyr Minerals (Zephyr Minerals) Business Description

Traded in Other Exchanges
Address
1301 - 1959 Upper Water Street, Purdy's Wharf Tower 1, Halifax, NS, CAN, B3J 3N2
Zephyr Minerals Ltd is an exploration and development company. It holds an interest in the Dawson-Green Mountain property in Colorado, USA. The Dawson section located at the eastern end of the property comprises a gold project. The Green Mountain section located at the western end of the project is prospective for copper and gold. The El Plomo section forms the central portion of the property. Its operations are located in Canada, the United States of America, and Zimbabwe.

Zephyr Minerals (Zephyr Minerals) Headlines

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