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Direct Nickel (ASX:DIR) Liabilities-to-Assets : 7.40 (As of Dec. 2014)


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What is Direct Nickel 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. Direct Nickel's Total Liabilities for the quarter that ended in Dec. 2014 was A$6.49 Mil. Direct Nickel's Total Assets for the quarter that ended in Dec. 2014 was A$0.88 Mil. Therefore, Direct Nickel's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2014 was 7.40.


Direct Nickel Liabilities-to-Assets Historical Data

The historical data trend for Direct Nickel'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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Direct Nickel Liabilities-to-Assets Chart

Direct Nickel Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.00 - - 0.87 8.54

Direct Nickel Semi-Annual Data
Jun04 Dec04 Jun05 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 0.82 0.87 3.98 8.54 7.40

Competitive Comparison of Direct Nickel's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Direct Nickel'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.


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

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

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



Direct Nickel 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.

Direct Nickel's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

Liabilities-to-Assets (A: Jun. 2014 )=Total Liabilities/Total Assets
=7.367/0.863
=8.54

Direct Nickel's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2014 is calculated as

Liabilities-to-Assets (Q: Dec. 2014 )=Total Liabilities/Total Assets
=6.492/0.877
=7.40

* 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.


Direct Nickel  (ASX:DIR) 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.


Direct Nickel Liabilities-to-Assets Related Terms

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Direct Nickel (ASX:DIR) Business Description

Traded in Other Exchanges
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Address
Direct Nickel Ltd is incorporated and domiciled in Australia. The Company is engaged in the research and development of nickel processing technology within the Oceania region. The Company has operations in Sydney and Perth. It also operates in Indonesia through its subsidiary, PT Direct Nickel with offices in Jakarta and has a 50% interest in a laterite deposit in Papua New Guinea.

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