Red Pine Exploration (FRA:RPX) Liabilities-to-Assets : 0.38 (As of Apr. 2024)

Red Pine Exploration Liabilities-to-Assets Chart

Red Pine Exploration Annual Data
	Trend	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21	Jul22	Jul23
Liabilities-to-Assets		Get a 7-Day Free Trial					0.27	0.50	0.34	0.38	0.26

Red Pine Exploration Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Liabilities-to-Assets	Get a 7-Day Free Trial															1.25	0.26	0.12	0.15	0.38

Competitive Comparison of Red Pine Exploration's Liabilities-to-Assets

For the Gold subindustry, Red Pine Exploration'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.

Red Pine Exploration's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Red Pine Exploration's Liabilities-to-Assets falls into.

Red Pine Exploration 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.

Red Pine Exploration's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Red Pine Exploration's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2024 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.

Red Pine Exploration  (FRA:RPX) 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.

Red Pine Exploration Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Red Pine Exploration's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Red Pine Exploration Business Description