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Iltani Resources (ASX:ILT) Liabilities-to-Assets : 0.05 (As of Dec. 2023)


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What is Iltani 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. Iltani Resources's Total Liabilities for the quarter that ended in Dec. 2023 was A$0.27 Mil. Iltani Resources's Total Assets for the quarter that ended in Dec. 2023 was A$5.13 Mil. Therefore, Iltani Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.05.


Iltani Resources Liabilities-to-Assets Historical Data

The historical data trend for Iltani 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.

Iltani Resources Liabilities-to-Assets Chart

Iltani Resources Annual Data
Trend Jun23 Jun24
Liabilities-to-Assets
0.11 0.10

Iltani Resources Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets 0.01 0.11 0.05 0.10

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

For the Other Precious Metals & Mining subindustry, Iltani 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.


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

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

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



Iltani 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.

Iltani Resources'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
=0.521/5.076
=0.10

Iltani 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
=0.271/5.127
=0.05

* 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.


Iltani Resources  (ASX:ILT) 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.


Iltani Resources Liabilities-to-Assets Related Terms

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Iltani Resources Business Description

Traded in Other Exchanges
N/A
Address
C/o JM Corporate Services, 459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Iltani Resources Ltd is a minerals exploration and development company. Its projects include the Herberton Project, the Northern Base Metal Project, the Rookwood Project, the Mount Read Volcanics Project, and the Southern Gold Project. The company operates in one segment which is the evaluation and exploration of heavy rare earths and resources in Australia.

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