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LINMF (Linear Minerals) Liabilities-to-Assets : 0.09 (As of Dec. 2024)


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What is Linear Minerals 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. Linear Minerals's Total Liabilities for the quarter that ended in Dec. 2024 was $0.54 Mil. Linear Minerals's Total Assets for the quarter that ended in Dec. 2024 was $5.97 Mil. Therefore, Linear Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.09.


Linear Minerals Liabilities-to-Assets Historical Data

The historical data trend for Linear Minerals'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.

Linear Minerals Liabilities-to-Assets Chart

Linear Minerals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.22 0.06 0.27 0.07

Linear Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.09 0.07 0.08 0.08 0.09

Competitive Comparison of Linear Minerals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Linear Minerals'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.


Linear Minerals's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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


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Linear Minerals 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.

Linear Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=0.481/6.868
=0.07

Linear Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=0.539/5.965
=0.09

* 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.


Linear Minerals  (OTCPK:LINMF) 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.


Linear Minerals Liabilities-to-Assets Related Terms

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Linear Minerals Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Linear Minerals Corp is a Canadian mineral exploration company. The company focuses on acquiring a multi-commodity mineral property portfolio. The company identifies, acquires, and explores North American mineral prospects in the precious metal, base metal, and industrial metals sector.