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GIDMF (Nexus Uranium) Liabilities-to-Assets : 0.06 (As of Aug. 2024)


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What is Nexus Uranium 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. Nexus Uranium's Total Liabilities for the quarter that ended in Aug. 2024 was $0.39 Mil. Nexus Uranium's Total Assets for the quarter that ended in Aug. 2024 was $6.94 Mil. Therefore, Nexus Uranium's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2024 was 0.06.


Nexus Uranium Liabilities-to-Assets Historical Data

The historical data trend for Nexus Uranium'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.

Nexus Uranium Liabilities-to-Assets Chart

Nexus Uranium Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.01 0.08 0.01 0.03 0.03

Nexus Uranium Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Aug24
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 0.02 0.02 0.03 0.04 0.06

Competitive Comparison of Nexus Uranium's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Nexus Uranium'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.


Nexus Uranium's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Nexus Uranium 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.

Nexus Uranium's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Liabilities-to-Assets (A: Nov. 2023 )=Total Liabilities/Total Assets
=0.293/11.108
=0.03

Nexus Uranium's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2024 is calculated as

Liabilities-to-Assets (Q: Aug. 2024 )=Total Liabilities/Total Assets
=0.386/6.938
=0.06

* 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.


Nexus Uranium  (OTCPK:GIDMF) 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.


Nexus Uranium Liabilities-to-Assets Related Terms

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Nexus Uranium Business Description

Traded in Other Exchanges
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Nexus Uranium Corp is a multi-commodity development company focused on advancing the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia, and a package of gold claims in the Yukon.

Nexus Uranium Headlines

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