GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eurasian Natural Resources Corporation PLC (LSE:ENRC) » Definitions » Liabilities-to-Assets

Eurasian Natural Resources (LSE:ENRC) Liabilities-to-Assets : 0.57 (As of Dec. 2013)


View and export this data going back to . Start your Free Trial

What is Eurasian Natural 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. Eurasian Natural Resources's Total Liabilities for the quarter that ended in Dec. 2013 was £5,682 Mil. Eurasian Natural Resources's Total Assets for the quarter that ended in Dec. 2013 was £9,951 Mil. Therefore, Eurasian Natural Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2013 was 0.57.


Eurasian Natural Resources Liabilities-to-Assets Historical Data

The historical data trend for Eurasian Natural 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.

* Premium members only.

Eurasian Natural Resources Liabilities-to-Assets Chart

Eurasian Natural Resources 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 0.17 0.30 0.28 0.48 0.57

Eurasian Natural Resources Semi-Annual Data
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 0.17 0.30 0.28 0.48 0.57

Competitive Comparison of Eurasian Natural Resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Eurasian Natural 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.


Eurasian Natural Resources's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eurasian Natural Resources's Liabilities-to-Assets distribution charts can be found below:

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



Eurasian Natural 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.

Eurasian Natural Resources'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
=5681.54/9950.93
=0.57

Eurasian Natural Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2013 is calculated as

Liabilities-to-Assets (Q: Dec. 2013 )=Total Liabilities/Total Assets
=5681.54/9950.93
=0.57

* 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.


Eurasian Natural Resources  (LSE:ENRC) 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.


Eurasian Natural Resources Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Eurasian Natural Resources's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Eurasian Natural Resources (LSE:ENRC) Business Description

Traded in Other Exchanges
N/A
Address
Eurasian Natural Resources Corp Ltd was incorporated on December 06, 2006. It is a diversified natural resources company. It performs integrated mining, processing, power generation, logistics and marketing operations. Its six operating segments are Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy, and Logistics. Ferroalloys comprises the extraction and sale of chrome ore as well as the production of ferroalloys from chromium and manganese ores. Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products. Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminium. Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa. Energy comprises coal mining and power generation. Logistics includes transportation and logistical services to the company's primary operating divisions and to third parties.

Eurasian Natural Resources (LSE:ENRC) Headlines

No Headlines