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Magna Mining NL (ASX:MANCA) Liabilities-to-Assets : 0.79 (As of Jun. 2011)


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What is Magna Mining NL 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. Magna Mining NL's Total Liabilities for the quarter that ended in Jun. 2011 was A$0.58 Mil. Magna Mining NL's Total Assets for the quarter that ended in Jun. 2011 was A$0.74 Mil. Therefore, Magna Mining NL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2011 was 0.79.


Magna Mining NL Liabilities-to-Assets Historical Data

The historical data trend for Magna Mining NL'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.

Magna Mining NL Liabilities-to-Assets Chart

Magna Mining NL Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 0.24 0.91 0.79

Magna Mining NL Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11
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 0.10 0.08 0.24 0.91 0.79

Competitive Comparison of Magna Mining NL's Liabilities-to-Assets

For the Copper subindustry, Magna Mining NL'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.


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

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

* The bar in red indicates where Magna Mining NL's Liabilities-to-Assets falls into.



Magna Mining NL 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.

Magna Mining NL's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2011 is calculated as:

Liabilities-to-Assets (A: Jun. 2011 )=Total Liabilities/Total Assets
=0.583/0.74
=0.79

Magna Mining NL's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2011 is calculated as

Liabilities-to-Assets (Q: Jun. 2011 )=Total Liabilities/Total Assets
=0.583/0.74
=0.79

* 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.


Magna Mining NL  (ASX:MANCA) 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.


Magna Mining NL Liabilities-to-Assets Related Terms

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Magna Mining NL Business Description

Traded in Other Exchanges
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Magna Mining NL is a mineral exploration company with projects in Namibia and Russia. The company is exploring for industrial minerals, precious metals, base and rare metals, precious and semi-precious stones, targeting both nationally and internationally.

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