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Golden Patriot (Golden Patriot) Liabilities-to-Assets : 8.40 (As of Jan. 2008)


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What is Golden Patriot 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. Golden Patriot's Total Liabilities for the quarter that ended in Jan. 2008 was $1.21 Mil. Golden Patriot's Total Assets for the quarter that ended in Jan. 2008 was $0.14 Mil. Therefore, Golden Patriot's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2008 was 8.40.


Golden Patriot Liabilities-to-Assets Historical Data

The historical data trend for Golden Patriot'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.

Golden Patriot Liabilities-to-Assets Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Liabilities-to-Assets
Get a 7-Day Free Trial - 4.62 11.51 1.82 4.42

Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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 5.00 4.42 7.99 12.21 8.40

Competitive Comparison of Golden Patriot's Liabilities-to-Assets

For the Oil & Gas Equipment & Services subindustry, Golden Patriot'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.


Golden Patriot's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golden Patriot's Liabilities-to-Assets distribution charts can be found below:

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



Golden Patriot 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.

Golden Patriot's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2007 is calculated as:

Liabilities-to-Assets (A: Apr. 2007 )=Total Liabilities/Total Assets
=0.995/0.225
=4.42

Golden Patriot's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2008 is calculated as

Liabilities-to-Assets (Q: Jan. 2008 )=Total Liabilities/Total Assets
=1.209/0.144
=8.40

* 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.


Golden Patriot  (OTCPK:GPTC) 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.


Golden Patriot Liabilities-to-Assets Related Terms

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Golden Patriot (Golden Patriot) Business Description

Traded in Other Exchanges
N/A
Address
8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

Golden Patriot (Golden Patriot) Headlines

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