Mkango Resources (LSE:MKA) Liabilities-to-Assets : 1.04 (As of Mar. 2026)

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LSE:MKA Mkango Resources Ltd LSE:MKA
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Price £0.41
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What is Mkango Resources Liabilities-to-Assets?

Mkango Resources LSE:MKA -0.61% 30 Liabilities-to-Assets is 1.04 as of Mar. 2026. GuruFocus rates LSE:MKA with a GF Score™ of 30/100. 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. Mkango Resources's Total Liabilities for the quarter that ended in Mar. 2026 was £10.01 Mil. Mkango Resources's Total Assets for the quarter that ended in Mar. 2026 was £9.67 Mil. Therefore, Mkango Resources's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 1.04.


Mkango Resources  (LSE:MKA) 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.


Mkango Resources Liabilities-to-Assets Related Terms


Mkango Resources Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Mkango 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.

Mkango Resources Liabilities-to-Assets Chart

Mkango Resources 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 0.24 1.76 0.51 0.40 1.04

Mkango Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.44 0.55 1.13 1.04 1.04

Mkango Resources Liabilities-to-Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mkango 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.


Mkango Resources Liabilities-to-Assets vs Metals & Mining Industry

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

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


LSE:MKA
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Mkango Resources Ltd LSE:MKA
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mkango 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.

Mkango Resources'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
=11.691/11.195
=1.04

Mkango Resources's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=10.014/9.671
=1.04

* 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 1.04 mean?
Mkango Resources (LSE:MKA) has a Liabilities-to-Assets of 1.04 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Mkango Resources and its competitors.
Is Mkango Resources' Liabilities-to-Assets too high?
Mkango Resources' current Liabilities-to-Assets is 1.04. Overall, Mkango Resources has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Liabilities-to-Assets compare to competitors?
Mkango Resources' Liabilities-to-Assets of 1.04 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining 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 Mkango Resources and its competitors. Mkango Resources's current Liabilities-to-Assets is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mkango Resources stock overvalued right now?
Mkango Resources (LSE:MKA) has a current Liabilities-to-Assets of 1.04. The current Liabilities-to-Assets is 1.04. Mkango Resources' overall GF Score™ is 30/100 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 Mkango Resources (LSE:MKA), the current Liabilities-to-Assets is 1.04 as of Mar. 2026. 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.

Mkango Resources Business Description

Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
30GF Score

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

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