FPHOY (First Phosphate) Liabilities-to-Assets : 0.14 (As of Feb. 2026)

First Phosphate  (OTCPK:FPHOY) 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.

First Phosphate Liabilities-to-Assets Related Terms

The historical data trend for First Phosphate'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.

First Phosphate Liabilities-to-Assets Chart

First Phosphate Annual Data
	Trend	Feb11	Feb12	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24	Feb25	Feb26
Liabilities-to-Assets		Get a 7-Day Free Trial					0.00	0.09	0.28	0.14	0.14

First Phosphate Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Liabilities-to-Assets	Get a 7-Day Free Trial															0.14	0.07	0.02	0.05	0.14

First Phosphate Liabilities-to-Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.

First Phosphate Liabilities-to-Assets vs Metals & Mining Industry

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

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

First Phosphate 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.

First Phosphate's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2026 is calculated as:

First Phosphate's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2026 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.

First Phosphate Business Description