Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Calidus Resources's Total Liabilities for the quarter that ended in Dec. 2023 was $122.41 Mil. Calidus Resources's Total Assets for the quarter that ended in Dec. 2023 was $212.79 Mil.
Therefore, Calidus Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.58.
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.
Calidus Resources Liabilities-to-Assets Related Terms
Calidus Resources Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for Calidus 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.
CALRF vs NEM, AU: Liabilities-to-Assets Comparison
For the Gold subindustry, Calidus 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.
Calidus Resources Liabilities-to-Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Calidus Resources's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Calidus Resources's Liabilities-to-Assets falls into.
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.
Calidus Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:
* 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.
Calidus Resources (CALRF) has a Liabilities-to-Assets of 0.58 as of Dec. 2023. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Calidus Resources and its competitors.
Is Calidus Resources' Liabilities-to-Assets too high?
Calidus Resources' current Liabilities-to-Assets is 0.58. Overall, Calidus Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Calidus Resources' Liabilities-to-Assets compare to NEM and AU?
Calidus Resources' Liabilities-to-Assets of 0.58 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 Calidus Resources and its competitors. Calidus Resources's current Liabilities-to-Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calidus Resources stock overvalued right now?
Calidus Resources (CALRF) has a current Liabilities-to-Assets of 0.58. The current Liabilities-to-Assets is 0.58. Calidus Resources' overall GF Score™ is 28/100. 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 Calidus Resources (CALRF), the current Liabilities-to-Assets is 0.58 as of Dec. 2023. 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.
Calidus Resources Ltd is gold mining and mineral exploration company. It interests in Warrawoona Gold Project in the East Pilbara district of the Pilbara Goldfield in Western Australia. It also targets Blue Spec Project and the Otways Prospect. The company earns maximum revenue from Gold sales.
28GF Score
Get the complete analysis for CALRF
Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CALRF has been successfully added to your 
