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Global Cobalt (FRA:3P0) Liabilities-to-Assets : 1.30 (As of Jan. 2016)


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What is Global Cobalt 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. Global Cobalt's Total Liabilities for the quarter that ended in Jan. 2016 was €3.84 Mil. Global Cobalt's Total Assets for the quarter that ended in Jan. 2016 was €2.96 Mil. Therefore, Global Cobalt's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2016 was 1.30.


Global Cobalt Liabilities-to-Assets Historical Data

The historical data trend for Global Cobalt'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.

Global Cobalt Liabilities-to-Assets Chart

Global Cobalt Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.06 0.28 0.79 0.61 0.91

Global Cobalt Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 0.80 0.91 0.92 0.96 1.30

Competitive Comparison of Global Cobalt's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Global Cobalt'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.


Global Cobalt's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Global Cobalt 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.

Global Cobalt's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2015 is calculated as:

Liabilities-to-Assets (A: Apr. 2015 )=Total Liabilities/Total Assets
=5.326/5.86
=0.91

Global Cobalt's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2016 is calculated as

Liabilities-to-Assets (Q: Jan. 2016 )=Total Liabilities/Total Assets
=3.844/2.959
=1.30

* 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.


Global Cobalt  (FRA:3P0) 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.


Global Cobalt Liabilities-to-Assets Related Terms

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Global Cobalt (FRA:3P0) Business Description

Traded in Other Exchanges
N/A
Address
128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8
Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.

Global Cobalt (FRA:3P0) Headlines

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