GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » InZinc Mining Ltd (OTCPK:LTHIF) » Definitions » Liabilities-to-Assets

InZinc Mining (InZinc Mining) Liabilities-to-Assets : 0.02 (As of Mar. 2024)


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

What is InZinc Mining 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. InZinc Mining's Total Liabilities for the quarter that ended in Mar. 2024 was $0.04 Mil. InZinc Mining's Total Assets for the quarter that ended in Mar. 2024 was $2.17 Mil. Therefore, InZinc Mining's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.02.


InZinc Mining Liabilities-to-Assets Historical Data

The historical data trend for InZinc Mining'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.

InZinc Mining Liabilities-to-Assets Chart

InZinc Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.02 0.03 0.02

InZinc Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.01 0.10 0.02 0.02

Competitive Comparison of InZinc Mining's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, InZinc Mining'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.


InZinc Mining's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



InZinc Mining 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.

InZinc Mining's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.037/2.355
=0.02

InZinc Mining's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=0.036/2.165
=0.02

* 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.


InZinc Mining  (OTCPK:LTHIF) 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.


InZinc Mining Liabilities-to-Assets Related Terms

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


InZinc Mining (InZinc Mining) Business Description

Traded in Other Exchanges
Address
Station Bentall Centre, P.O. Box 48268, Vancouver, BC, CAN, V7X 1A2
InZinc Mining Ltd is engaged in the acquisition, exploration, and development of mineral exploration and evaluation of direct and equity interest in multiple North American base metals projects in the United States and Canada. The exploration projects of the company include the West Desert property and Indy property.

InZinc Mining (InZinc Mining) Headlines

From GuruFocus

InZinc Announces Closing of $275,000 Private Placement

By GlobeNewswire GlobeNewswire 05-30-2019

Lithium Ionic Retains Integral Wealth as Market Maker

By GlobeNewswire GlobeNewswire 06-30-2022