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African Minerals (FRA:OUV) Liabilities-to-Assets : 0.69 (As of Jun. 2014)


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What is African 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. African Minerals's Total Liabilities for the quarter that ended in Jun. 2014 was €1,593.3 Mil. African Minerals's Total Assets for the quarter that ended in Jun. 2014 was €2,320.3 Mil. Therefore, African Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2014 was 0.69.


African Minerals Liabilities-to-Assets Historical Data

The historical data trend for African 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.

African Minerals Liabilities-to-Assets Chart

African Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.43 0.68 0.70

African Minerals Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only - 0.68 0.69 0.70 0.69

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

For the Other Industrial Metals & Mining subindustry, African 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.


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

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

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



African 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.

African Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2013 is calculated as:

Liabilities-to-Assets (A: Dec. 2013 )=Total Liabilities/Total Assets
=1644.909/2361.331
=0.70

African Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2014 is calculated as

Liabilities-to-Assets (Q: Jun. 2014 )=Total Liabilities/Total Assets
=1593.293/2320.314
=0.69

* 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.


African Minerals  (FRA:OUV) 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.


African Minerals Liabilities-to-Assets Related Terms

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African Minerals (FRA:OUV) Business Description

Traded in Other Exchanges
N/A
Address
Stratton House, 5 Stratton Street, London, GBR, W1J 8LA
African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

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