ATLDF (Atlanta Gold) Liabilities-to-Assets : 0.39 (As of Sep. 2018)

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What is Atlanta Gold Liabilities-to-Assets?

Atlanta Gold ATLDF -99.92% Liabilities-to-Assets is 0.39 as of Sep. 2018.

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. Atlanta Gold's Total Liabilities for the quarter that ended in Sep. 2018 was $19.01 Mil. Atlanta Gold's Total Assets for the quarter that ended in Sep. 2018 was $49.39 Mil. Therefore, Atlanta Gold's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 was 0.39.


Atlanta Gold  (OTCPK:ATLDF) 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.


Atlanta Gold Liabilities-to-Assets Related Terms


Atlanta Gold Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Atlanta Gold'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.

Atlanta Gold Liabilities-to-Assets Chart

Atlanta Gold Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.30 0.31 0.34 0.38

Atlanta Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.33 0.38 0.38 0.38 0.39

ATLDF vs OSTO, LKAI, GRMC: Liabilities-to-Assets Comparison

For the Gold subindustry, Atlanta Gold'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.


Atlanta Gold Liabilities-to-Assets vs Metals & Mining Industry

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

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



Atlanta Gold 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.

Atlanta Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=18.772/49.389
=0.38

Atlanta Gold's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 is calculated as

Liabilities-to-Assets (Q: Sep. 2018 )=Total Liabilities/Total Assets
=19.007/49.39
=0.38

* 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 0.39 mean?
Atlanta Gold (ATLDF) has a Liabilities-to-Assets of 0.39 as of Sep. 2018. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Atlanta Gold and its competitors.
Is Atlanta Gold's Liabilities-to-Assets too high?
Atlanta Gold's current Liabilities-to-Assets is 0.39.
How does Atlanta Gold's Liabilities-to-Assets compare to OSTO and LKAI?
Atlanta Gold's Liabilities-to-Assets of 0.39 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 Atlanta Gold and its competitors. Atlanta Gold's current Liabilities-to-Assets is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Gold stock overvalued right now?
Atlanta Gold (ATLDF) has a current Liabilities-to-Assets of 0.39. The current Liabilities-to-Assets is 0.39. 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 Atlanta Gold (ATLDF), the current Liabilities-to-Assets is 0.39 as of Sep. 2018. 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.

Atlanta Gold Business Description

Address 100 King Street West, Suite 5600 - First Canadian Place, Toronto, ON, CAN, M5X 1C9
Atlanta Gold Inc is a Canada-based junior gold exploration and development company. The company's segment is its operation in the United States. It is engaged in the exploration, environmental permitting, engineering and development of the Atlanta Gold project (Atlanta Project). The Atlanta Project is a gold exploration property, which is located near Atlanta, Idaho, the United States. The company also holds a leasehold interest on over five patented lode claims known as the Neal Property.