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AXEL REE (ASX:AXL) Liabilities-to-Assets : 0.01 (As of Dec. 2024)


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What is AXEL REE 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. AXEL REE's Total Liabilities for the quarter that ended in Dec. 2024 was A$0.11 Mil. AXEL REE's Total Assets for the quarter that ended in Dec. 2024 was A$11.07 Mil. Therefore, AXEL REE's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.01.


AXEL REE Liabilities-to-Assets Historical Data

The historical data trend for AXEL REE'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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AXEL REE Liabilities-to-Assets Chart

AXEL REE Annual Data
Trend Jun24
Liabilities-to-Assets
1.03

AXEL REE Semi-Annual Data
Dec23 Jun24 Dec24
Liabilities-to-Assets 0.03 1.03 0.01

Competitive Comparison of AXEL REE's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, AXEL REE'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.


AXEL REE's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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


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AXEL REE 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.

AXEL REE's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Liabilities-to-Assets (A: Jun. 2024 )=Total Liabilities/Total Assets
=10.27/10.023
=1.02

AXEL REE's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=0.114/11.07
=0.01

* 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.


AXEL REE  (ASX:AXL) 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.


AXEL REE Liabilities-to-Assets Related Terms

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AXEL REE Business Description

Traded in Other Exchanges
N/A
Address
832 High Street, Kew East, VIC, AUS, 3102
AXEL REE Ltd is a Company engaged in the exploration and development of mineral resource opportunities, and specifically the exploration and development of Projects. The Company holds hundred percent interest in four projects situated in Brazil which includes the Caladao Project in northern Minas Gerais State, the Caldas Project bordering Sao Paulo State in southern Minas Gerais State, the Itiquira Project in Mato Grosso State, and the Corrente Project in Piaui State.