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Cassiar Gold (FRA:756) Liabilities-to-Assets : 0.27 (As of Dec. 2024)


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What is Cassiar Gold 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. Cassiar Gold's Total Liabilities for the quarter that ended in Dec. 2024 was €2.67 Mil. Cassiar Gold's Total Assets for the quarter that ended in Dec. 2024 was €10.08 Mil. Therefore, Cassiar Gold's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.27.


Cassiar Gold Liabilities-to-Assets Historical Data

The historical data trend for Cassiar 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.

* Premium members only.

Cassiar Gold Liabilities-to-Assets Chart

Cassiar Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.15 0.13 0.34 0.28

Cassiar Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 0.07 0.07 0.09 0.28 0.27

Competitive Comparison of Cassiar Gold's Liabilities-to-Assets

For the Gold subindustry, Cassiar 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.


Cassiar Gold's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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


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Cassiar 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.

Cassiar Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

Liabilities-to-Assets (A: Sep. 2024 )=Total Liabilities/Total Assets
=3.039/10.968
=0.28

Cassiar Gold'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
=2.671/10.084
=0.26

* 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.


Cassiar Gold  (FRA:756) 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.


Cassiar Gold Liabilities-to-Assets Related Terms

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Cassiar Gold Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1580, Vancouver, BC, CAN, V7X 1M5
Cassiar Gold Corp is focused on the district-scale Cassiar Gold Property in northern BC, Canada. The group is engaged in the exploration of gold in British Columbia, Canada. The company is focused on two assets, the Cassiar Gold Project and the Sheep Creek Gold District. The property consists of two main project areas namely Cassiar North, which hosts a substantial bulk-tonnage orogenic gold resource with expansion potential over approximately 6 km strike length; and Cassiar South, which hosts numerous high-grade epizonal quartz gold vein systems, about 25 km of historical underground workings.

Cassiar Gold Headlines

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