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Solitario Resources (Solitario Resources) Liabilities-to-Assets : 0.02 (As of Mar. 2024)


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What is Solitario 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. Solitario Resources's Total Liabilities for the quarter that ended in Mar. 2024 was $0.41 Mil. Solitario Resources's Total Assets for the quarter that ended in Mar. 2024 was $25.71 Mil. Therefore, Solitario Resources's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.02.


Solitario Resources Liabilities-to-Assets Historical Data

The historical data trend for Solitario 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.

Solitario Resources Liabilities-to-Assets Chart

Solitario Resources 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

Solitario Resources 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 0.02 0.02 0.03 0.02

Competitive Comparison of Solitario Resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Solitario 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.


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

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

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



Solitario 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.

Solitario Resources'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
=0.807/26.757
=0.03

Solitario Resources'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
=0.412/25.705
=0.02

* 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.


Solitario Resources  (AMEX:XPL) 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.


Solitario Resources Liabilities-to-Assets Related Terms

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Solitario Resources (Solitario Resources) Business Description

Traded in Other Exchanges
Address
4251 Kipling Street, Suite 390, Wheat Ridge, CO, USA, 80033
Solitario Resources Corp is exploration company engaging in acquiring, exploring, and developing zinc properties and other precious metals in safe jurisdictions in North and South America. It has joint venture interests in large, high-grade zinc development projects. The Florida Canyon Zinc Project in Peru is a development asset held jointly with Nexa Resources S.A., Golden Crest Project in South Dakota and the Lik Zinc Project represents a large-tonnage, high-grade development project in Alaska in partnership with Teck Resources. In addition, the company has an additional portfolio of exploration properties and royalties in the Americas.
Executives
James Kb Hesketh director 65 SOUTH JOYCE STREET, GOLDEN CO 80401
Debbie Mino Austin director 128 APRIL BREEZE ST., MONTGOMERY CO 77356
James R Maronick officer: CFO 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033
Christopher E Herald director, officer: CEO 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033
Walter H Hunt officer: Vice President Exploration 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033
Gil Atzmon director 1718 FOX TREE LN, SAN ANTONIO TX 78248
John A Labate director
Brian Labadie director 24138 FERN CRESCENT, MAPLE RIDGE A1 V4R 2S1
Leonard Harris director 4251 KIPLING ST STE 390, WHEAT RIDGE CO 80033
Jones Mark E Iii director 16360 PARK TEN PLACE, SUITE 217, HOUSTON TX 77084
John Hainey director 216 TOYNBEE TRAIL, SCARBOROUGH A6 M1E 1G9
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Daniel B Leonard director 4510 SILVER CLIFF COURT, CASTLE ROCK CO 80108
Crown Resources Corp 10 percent owner 4251 KIPLING STREET, SUITE 390, WHEAT RIDGE CO 80033

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