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Lomiko Metals (LTS:0V4O) Liabilities-to-Assets : 0.05 (As of Oct. 2024)


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What is Lomiko Metals 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. Lomiko Metals's Total Liabilities for the quarter that ended in Oct. 2024 was C$0.67 Mil. Lomiko Metals's Total Assets for the quarter that ended in Oct. 2024 was C$14.14 Mil. Therefore, Lomiko Metals's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 was 0.05.


Lomiko Metals Liabilities-to-Assets Historical Data

The historical data trend for Lomiko Metals'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.

Lomiko Metals Liabilities-to-Assets Chart

Lomiko Metals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.04 0.09 0.04 0.05

Lomiko Metals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.04 0.04 0.04 0.05 0.05

Competitive Comparison of Lomiko Metals's Liabilities-to-Assets

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


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

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

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



Lomiko Metals 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.

Lomiko Metals's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Liabilities-to-Assets (A: Jul. 2024 )=Total Liabilities/Total Assets
=0.682/14.412
=0.05

Lomiko Metals's Liabilities-to-Assets Ratio for the quarter that ended in Oct. 2024 is calculated as

Liabilities-to-Assets (Q: Oct. 2024 )=Total Liabilities/Total Assets
=0.665/14.138
=0.05

* 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.


Lomiko Metals  (LTS:0V4O) 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.


Lomiko Metals Liabilities-to-Assets Related Terms

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Lomiko Metals Business Description

Traded in Other Exchanges
Address
7184 120th Street, Suite 439, Surrey, BC, CAN, V3W 0M6
Lomiko Metals Inc is a company with the mission to manifest abundance of renewable energy with Canadian and Quebec critical minerals for a solution in North America. It is developing the La Loutre graphite deposit, located northwest of Montreal, and the Bourier lithium project, located in the James Bay region of Quebec in Canada's lithium triangle that has historically housed lithium deposits and mineralization trends. the company is also working on a graphite pipeline project. Lomiko Metals Graphics Portfolio which includes sub projects under it: Lac Boyd, Lac Dieppe, Lac Meloche, Lac Tremblant, Ruisseau, North Low.

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