Mineral Commodities (ASX:MRC) Liabilities-to-Assets : 1.92 (As of Jun. 2024)

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What is Mineral Commodities Liabilities-to-Assets?

Mineral Commodities ASX:MRC Liabilities-to-Assets is 1.92 as of Jun. 2024.

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. Mineral Commodities's Total Liabilities for the quarter that ended in Jun. 2024 was A$52.24 Mil. Mineral Commodities's Total Assets for the quarter that ended in Jun. 2024 was A$27.18 Mil. Therefore, Mineral Commodities's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 1.92.


Mineral Commodities  (ASX:MRC) 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.


Mineral Commodities Liabilities-to-Assets Related Terms


Mineral Commodities Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Mineral Commodities'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.

Mineral Commodities Liabilities-to-Assets Chart

Mineral Commodities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.31 0.40 0.40 1.12

Mineral Commodities 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 0.40 0.35 0.40 1.92 1.12

Mineral Commodities Liabilities-to-Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Commodities'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.


Mineral Commodities Liabilities-to-Assets vs Metals & Mining Industry

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

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



Mineral Commodities 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.

Mineral Commodities's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=37.373/92.746
=0.40

Mineral Commodities's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=52.235/27.179
=1.92

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 1.92 mean?
Mineral Commodities (ASX:MRC) has a Liabilities-to-Assets of 1.92 as of Jun. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Mineral Commodities and its competitors.
Is Mineral Commodities' Liabilities-to-Assets too high?
Mineral Commodities' current Liabilities-to-Assets is 1.92.
How does Mineral Commodities' Liabilities-to-Assets compare to competitors?
Mineral Commodities' Liabilities-to-Assets of 1.92 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Mineral Commodities and its competitors. Mineral Commodities's current Liabilities-to-Assets is 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Commodities stock overvalued right now?
Mineral Commodities (ASX:MRC) has a current Liabilities-to-Assets of 1.92. The current Liabilities-to-Assets is 1.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Mineral Commodities (ASX:MRC), the current Liabilities-to-Assets is 1.92 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mineral Commodities Business Description

Address 161 Great Eastern Highway, Level 2, Belmont, WA, AUS, 6104
Mineral Commodities Ltd is a mineral exploration and development company. It has Tormin Mineral Sands projects in South Africa. The company is also engaged in graphite mining and processing at the Skaland Graphite Operation in Norway, exploration and evaluation for the future development of the Munglinup Graphite Project in Australia, and evaluation for the future development of an Active Anode Materials Plant to produce graphitic anode materials in Australia and Norway. Its reportable segments are the Tormin Project which generates key revenue, Xolobeni Project, Skaland Project, Australia exploration, and Corporate.