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Oroco Resource (FRA:OR6) Liabilities-to-Assets : 0.03 (As of Feb. 2024)


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What is Oroco Resource 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. Oroco Resource's Total Liabilities for the quarter that ended in Feb. 2024 was €1.49 Mil. Oroco Resource's Total Assets for the quarter that ended in Feb. 2024 was €57.56 Mil. Therefore, Oroco Resource's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.03.


Oroco Resource Liabilities-to-Assets Historical Data

The historical data trend for Oroco Resource'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.

Oroco Resource Liabilities-to-Assets Chart

Oroco Resource Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.13 0.05 0.02 0.05

Oroco Resource Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
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 0.05 - 0.03 0.04 0.03

Competitive Comparison of Oroco Resource's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Oroco Resource'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.


Oroco Resource's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Oroco Resource 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.

Oroco Resource's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2022 is calculated as:

Liabilities-to-Assets (A: May. 2022 )=Total Liabilities/Total Assets
=3.014/57.084
=0.05

Oroco Resource's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=1.491/57.563
=0.03

* 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.


Oroco Resource  (FRA:OR6) 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.


Oroco Resource Liabilities-to-Assets Related Terms

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Oroco Resource (FRA:OR6) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Oroco Resource Corp is an exploration-stage mineral company engaged in the acquisition, exploration, and development of mineral properties in Mexico with a primary focus on its Xochipala property in Guerrero State, Mexico. Its exploration and evaluation assets consist of the Santo Tomas properties in Sinaloa State and Xochipala & Salvador properties in Guerrero State, Mexico.

Oroco Resource (FRA:OR6) Headlines

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