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Cooper Metals (ASX:CPM) Liabilities-to-Assets : 0.03 (As of Dec. 2023)


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What is Cooper Metals 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. Cooper Metals's Total Liabilities for the quarter that ended in Dec. 2023 was A$0.23 Mil. Cooper Metals's Total Assets for the quarter that ended in Dec. 2023 was A$8.88 Mil. Therefore, Cooper Metals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.03.


Cooper Metals Liabilities-to-Assets Historical Data

The historical data trend for Cooper Metals'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.

Cooper Metals Liabilities-to-Assets Chart

Cooper Metals Annual Data
Trend Jun22 Jun23 Jun24
Liabilities-to-Assets
0.07 0.03 0.02

Cooper Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets Get a 7-Day Free Trial 0.07 0.03 0.03 0.03 0.02

Competitive Comparison of Cooper Metals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Cooper Metals'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.


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

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

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



Cooper Metals 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.

Cooper Metals'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
=0.211/11.558
=0.02

Cooper Metals'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
=0.226/8.88
=0.03

* 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.


Cooper Metals  (ASX:CPM) 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.


Cooper Metals Liabilities-to-Assets Related Terms

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Cooper Metals Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Cooper Metals Ltd is engaged in identifying, exploring and developing copper and gold deposits in Queensland and Western Australia. The company has only one operating segment, being mineral exploration. The company's project includes Mount Isa East and Gooroo Gold.

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