GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Gold Corp (OTCPK:GBGD) » Definitions » Liabilities-to-Assets

Global Gold (Global Gold) Liabilities-to-Assets : 8.19 (As of Jun. 2017)


View and export this data going back to . Start your Free Trial

What is Global 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. Global Gold's Total Liabilities for the quarter that ended in Jun. 2017 was $20.92 Mil. Global Gold's Total Assets for the quarter that ended in Jun. 2017 was $2.55 Mil. Therefore, Global Gold's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2017 was 8.19.


Global Gold Liabilities-to-Assets Historical Data

The historical data trend for Global 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.

Global Gold Liabilities-to-Assets Chart

Global Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 4.05 4.68 6.66 7.78

Global Gold Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 7.13 7.41 7.78 7.93 8.19

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

For the Gold subindustry, Global 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.


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

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

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



Global 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.

Global Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Liabilities-to-Assets (A: Dec. 2016 )=Total Liabilities/Total Assets
=19.802/2.544
=7.78

Global Gold's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2017 is calculated as

Liabilities-to-Assets (Q: Jun. 2017 )=Total Liabilities/Total Assets
=20.917/2.553
=8.19

* 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 Gold  (OTCPK:GBGD) 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 Gold Liabilities-to-Assets Related Terms

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


Global Gold (Global Gold) Business Description

Traded in Other Exchanges
N/A
Address
555 Theodore Fremd Avenue, Suite C208, Rye, NY, USA, 10580
Global Gold Corp is an exploration-stage company. It operates as an international gold mining, development, and exploration company with mining properties in Armenia, Canada, and Chile. Business activity of the firm is functioned through the production of gold, silver and other precious metals segment. The company holds interests in the Toukhmanuk property in the North Central Armenian Belt; and Hankavan and Marjan properties located in Armenia. It also holds a royalty interest in the Cochrane Pond property in Newfoundland, Canada.
Executives
Farallon Capital Institutional Partners, L.p. 10 percent owner, other: Member of Group Owning 10% C/O FARALLON PARTNERS, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Richard H. Voon 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C. ONE MARITIME PLAZA, SUITE 2100 SAN FRANCISCO CA 94111
Daniel J. Hirsch 10 percent owner, other: Member of Group Owning 10% 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Ashish H Pant 10 percent owner, other: Member of Group Owning 10% 390 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Douglas M Macmahon 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., 390 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Spokes Andrew J M 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Jason E Moment 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Offshore Investors Ii, L.p. 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Rajiv A Patel 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
William F Duhamel 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Richard B Fried 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Monica R Landry 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Mark C Wehrly 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Stephen L Millham 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Farallon Capital Institutional Partners Iii Lp 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111

Global Gold (Global Gold) Headlines

No Headlines