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Gibb River Diamonds (ASX:GIB) Liabilities-to-Assets : 0.13 (As of Dec. 2024)


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What is Gibb River Diamonds 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. Gibb River Diamonds's Total Liabilities for the quarter that ended in Dec. 2024 was A$0.19 Mil. Gibb River Diamonds's Total Assets for the quarter that ended in Dec. 2024 was A$1.43 Mil. Therefore, Gibb River Diamonds's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.13.


Gibb River Diamonds Liabilities-to-Assets Historical Data

The historical data trend for Gibb River Diamonds'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.

Gibb River Diamonds Liabilities-to-Assets Chart

Gibb River Diamonds Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.04 0.09 0.18

Gibb River Diamonds Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.03 0.09 0.11 0.18 0.13

Competitive Comparison of Gibb River Diamonds's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Gibb River Diamonds'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.


Gibb River Diamonds's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gibb River Diamonds's Liabilities-to-Assets falls into.


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Gibb River Diamonds 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.

Gibb River Diamonds'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
=0.364/2.047
=0.18

Gibb River Diamonds'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
=0.185/1.43
=0.13

* 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.


Gibb River Diamonds  (ASX:GIB) 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.


Gibb River Diamonds Liabilities-to-Assets Related Terms

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Gibb River Diamonds Business Description

Traded in Other Exchanges
N/A
Address
1/16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Gibb River Diamonds Ltd is a mineral exploration company focused on exploring, acquiring, and developing Gold, Diamond, and Phosphate in Australia. Its projects include Edjudina gold Project; Ellendale Diamond Project, Erongo Uranium Project, Kunene Uranium Project and Others. The company generates all of its revenue from Australia.