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Great Western Minerals Group (Great Western Minerals Group) Liabilities-to-Assets : 1.51 (As of Sep. 2014)


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What is Great Western Minerals Group 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. Great Western Minerals Group's Total Liabilities for the quarter that ended in Sep. 2014 was $78.92 Mil. Great Western Minerals Group's Total Assets for the quarter that ended in Sep. 2014 was $52.34 Mil. Therefore, Great Western Minerals Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2014 was 1.51.


Great Western Minerals Group Liabilities-to-Assets Historical Data

The historical data trend for Great Western Minerals Group'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.

Great Western Minerals Group Liabilities-to-Assets Chart

Great Western Minerals Group 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 0.18 0.10 0.16 0.76 1.07

Great Western Minerals Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.94 1.07 1.17 1.32 1.51

Competitive Comparison of Great Western Minerals Group's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Great Western Minerals Group'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.


Great Western Minerals Group's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Great Western Minerals Group 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.

Great Western Minerals Group'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
=72.736/68.094
=1.07

Great Western Minerals Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2014 is calculated as

Liabilities-to-Assets (Q: Sep. 2014 )=Total Liabilities/Total Assets
=78.924/52.34
=1.51

* 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.


Great Western Minerals Group  (OTCPK:GWMGF) 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.


Great Western Minerals Group Liabilities-to-Assets Related Terms

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Great Western Minerals Group (Great Western Minerals Group) Business Description

Traded in Other Exchanges
N/A
Address
Unit 201B, 2121 Airport Drive, Saskatoon, SK, CAN, S7L 6W5
Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.

Great Western Minerals Group (Great Western Minerals Group) Headlines

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