IRC (IRCWF) Liabilities-to-Assets : 0.33 (As of Dec. 2025)

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IRCWF IRC Ltd IRCWF
37 GF Score
Price $0.11
GF Value $0.13
! 4 Warning Signs
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What is IRC Liabilities-to-Assets?

IRC IRCWF 37 Liabilities-to-Assets is 0.33 as of Dec. 2025. GuruFocus rates IRCWF with a GF Score™ of 37/100 and a GF Value™ of $0.13. The stock has 4 warning signs investors should review.

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. IRC's Total Liabilities for the quarter that ended in Dec. 2025 was $91.3 Mil. IRC's Total Assets for the quarter that ended in Dec. 2025 was $276.4 Mil. Therefore, IRC's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.33.


IRC  (OTCPK:IRCWF) 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.


IRC Liabilities-to-Assets Related Terms


IRC Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for IRC'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.

IRC Liabilities-to-Assets Chart

IRC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.25 0.36 0.29 0.33

IRC Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.36 0.35 0.29 0.23 0.33

IRCWF vs NUE, STLD, RS: Liabilities-to-Assets Comparison

For the Steel subindustry, IRC'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.


IRC Liabilities-to-Assets vs Steel Industry

For the Steel industry and Basic Materials sector, IRC's Liabilities-to-Assets distribution charts can be found below:

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


IRCWF
37GF Score
IRC Ltd IRCWF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IRC 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.

IRC's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=91.267/276.369
=0.33

IRC's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 is calculated as

Liabilities-to-Assets (Q: Dec. 2025 )=Total Liabilities/Total Assets
=91.267/276.369
=0.33

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.33 mean?
IRC (IRCWF) has a Liabilities-to-Assets of 0.33 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on IRC and its competitors.
Is IRC's Liabilities-to-Assets too high?
IRC's current Liabilities-to-Assets is 0.33. Overall, IRC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does IRC's Liabilities-to-Assets compare to NUE and STLD?
IRC's Liabilities-to-Assets of 0.33 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Steel company?
A good Liabilities-to-Assets depends on the Steel industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on IRC and its competitors. IRC's current Liabilities-to-Assets is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRC stock overvalued right now?
IRC (IRCWF) has a current Liabilities-to-Assets of 0.33. The stock's GF Value™ is $0.13, compared to a current price of $0.11 — trading 17.3% below its estimated fair value. The current Liabilities-to-Assets is 0.33. IRC's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For IRC (IRCWF), the current Liabilities-to-Assets is 0.33 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IRC (IRCWF) Overvalued in 2026?

Based on GuruFocus' analysis, IRC stock appears to be undervalued. The current stock price of $0.11 is trading 17.3% below its estimated GF Value™ of $0.13.

Key valuation signals for IRCWF:

  • Liabilities-to-Assets: 0.33
  • GF Value™: $0.13 vs. price of $0.11 (17.3% below fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the IRCWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IRC Business Description

Other Exchanges 01029:Hong Kong
Address 6H, 9 Queen’s Road Central, Central District, Hong Kong Special Administrative Region, of the People’s Republic of China, Hong Kong, HKG
IRC Ltd is engaged in the production and development of industrial commodity products, including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. The company's segment includes: Mines in production, Mines in development, Engineering, and Other. The company generates the majority of its revenue from Mines in the production segment, which comprises an iron ore project in the production phase. This segment includes the K&S Project, which is located in the Russian Far East Region and started commercial production in January 2017. Geographically, the firm derives the majority of its revenue from the PRC.
37GF Score

Get the complete analysis for IRCWF

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.11
Price
$0.13
GF Value