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Adyton Resources (Adyton Resources) Liabilities-to-Assets : 0.02 (As of Dec. 2023)


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What is Adyton 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. Adyton Resources's Total Liabilities for the quarter that ended in Dec. 2023 was $0.22 Mil. Adyton Resources's Total Assets for the quarter that ended in Dec. 2023 was $9.48 Mil. Therefore, Adyton Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.02.


Adyton Resources Liabilities-to-Assets Historical Data

The historical data trend for Adyton 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.

Adyton Resources Liabilities-to-Assets Chart

Adyton Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.13 0.49 0.05 0.03 0.02

Adyton Resources Quarterly Data
Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.03 0.02 0.02 0.02 0.02

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

For the Other Precious Metals & Mining subindustry, Adyton 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.


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

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

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



Adyton 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.

Adyton 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
=0.215/9.477
=0.02

Adyton Resources'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
=0.215/9.477
=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.


Adyton Resources  (OTCPK:ADYRF) 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.


Adyton Resources Liabilities-to-Assets Related Terms

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Adyton Resources (Adyton Resources) Business Description

Traded in Other Exchanges
Address
167 Eagle Street, Level 14, Brisbane, QLD, AUS, 4000
Adyton Resources Corp is focused on the development of gold and copper resources. The company's portfolio of copper/gold projects within Papua New Guinea's prolific Pacific Rim of Fire hosts a number of mines including Ok Tedi, Porgera, Lihir, and Golpu.

Adyton Resources (Adyton Resources) Headlines

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