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High North Resources (High North Resources) Liabilities-to-Assets : 0.95 (As of Jun. 2015)


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What is High North Resources 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. High North Resources's Total Liabilities for the quarter that ended in Jun. 2015 was $12.83 Mil. High North Resources's Total Assets for the quarter that ended in Jun. 2015 was $13.44 Mil. Therefore, High North Resources's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2015 was 0.95.


High North Resources Liabilities-to-Assets Historical Data

The historical data trend for High North Resources'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.

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High North Resources Liabilities-to-Assets Chart

High North Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14
Liabilities-to-Assets
0.16 0.49 0.28 0.64

High North Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.59 0.64 0.78 0.93 0.95

Competitive Comparison of High North Resources's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, High North Resources'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.


High North Resources's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where High North Resources's Liabilities-to-Assets falls into.



High North Resources 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.

High North Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2014 is calculated as:

Liabilities-to-Assets (A: Sep. 2014 )=Total Liabilities/Total Assets
=14.826/23.03
=0.64

High North Resources's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2015 is calculated as

Liabilities-to-Assets (Q: Jun. 2015 )=Total Liabilities/Total Assets
=12.826/13.439
=0.95

* 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.


High North Resources  (OTCPK:HNTHF) 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.


High North Resources Liabilities-to-Assets Related Terms

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High North Resources (High North Resources) Business Description

Traded in Other Exchanges
N/A
Address
350 – 7th Avenue South West, Suite 2800, First Canadian Centre, Calgary, AB, CAN, T2P 3N9
High North Resources Ltd is primarily engaged in the business of production, exploration, and development of oil and gas properties. The company operates through Chemical and Allied Products Merchant Wholesalers; exporting and importing base oil; Starch and Vegetable Fats and Oils Manufacturing segments. Geographically, it operates through the region of Canada. The organization generates most of its revenues from the trading on base oil, chemicals, and crude oil.

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