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IRCKF (Inter-Rock Minerals) Liabilities-to-Assets : 0.56 (As of Dec. 2024)


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What is Inter-Rock Minerals 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. Inter-Rock Minerals's Total Liabilities for the quarter that ended in Dec. 2024 was $15.69 Mil. Inter-Rock Minerals's Total Assets for the quarter that ended in Dec. 2024 was $28.16 Mil. Therefore, Inter-Rock Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.56.


Inter-Rock Minerals Liabilities-to-Assets Historical Data

The historical data trend for Inter-Rock Minerals'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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Inter-Rock Minerals Liabilities-to-Assets Chart

Inter-Rock Minerals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.62 0.57 0.61 0.56

Inter-Rock Minerals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.61 0.57 0.54 0.53 0.56

Competitive Comparison of Inter-Rock Minerals's Liabilities-to-Assets

For the Packaged Foods subindustry, Inter-Rock Minerals'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.


Inter-Rock Minerals's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inter-Rock Minerals's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Inter-Rock Minerals's Liabilities-to-Assets falls into.


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Inter-Rock Minerals 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.

Inter-Rock Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=15.691/28.156
=0.56

Inter-Rock Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=15.691/28.156
=0.56

* 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.


Inter-Rock Minerals  (OTCPK:IRCKF) 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.


Inter-Rock Minerals Liabilities-to-Assets Related Terms

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Inter-Rock Minerals Business Description

Traded in Other Exchanges
Address
500-2 Toronto Street, Suite 500, 12th Floor, Toronto, ON, CAN, M5C 2B6
Inter-Rock Minerals Inc produces and markets dolomite for the animal feed, glass, roofing, and agricultural lime industries in the United States. It also markets and distributes specialty ingredients to the dairy feed industry. The company has two Business segments: MIN-AD and Papillon. Its Papillon segment accounts for the majority of the firm's revenue, which is a marketer and distributor of toll-manufactured premium dairy feed nutritional supplements. MIN-AD is engaged in the production and marketing of dolomite and clay, primarily to the animal feed industry in the United States.

Inter-Rock Minerals Headlines

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