LXENF (Lithium Energi Exploration) Liabilities-to-Assets : 0.91 (As of Nov. 2024)

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What is Lithium Energi Exploration Liabilities-to-Assets?

Lithium Energi Exploration LXENF Liabilities-to-Assets is 0.91 as of Nov. 2024.

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. Lithium Energi Exploration's Total Liabilities for the quarter that ended in Nov. 2024 was $5.36 Mil. Lithium Energi Exploration's Total Assets for the quarter that ended in Nov. 2024 was $5.90 Mil. Therefore, Lithium Energi Exploration's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2024 was 0.91.

Lithium Energi Exploration  (OTCPK:LXENF) 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.

Lithium Energi Exploration Liabilities-to-Assets Related Terms

Lithium Energi Exploration Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Lithium Energi Exploration'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.

Lithium Energi Exploration Liabilities-to-Assets Chart

Lithium Energi Exploration Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.11 1.27 2.32 1.19

Lithium Energi Exploration Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.78 1.19 1.36 1.32 0.91

LXENF vs WOLV: Liabilities-to-Assets Comparison

For the Other Industrial Metals & Mining subindustry, Lithium Energi Exploration'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.

Lithium Energi Exploration Liabilities-to-Assets vs Metals & Mining Industry

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

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


Lithium Energi Exploration 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.

Lithium Energi Exploration's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

Liabilities-to-Assets (A: Feb. 2024 )=Total Liabilities/Total Assets
=5.311/4.477
=1.19

Lithium Energi Exploration's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2024 is calculated as

Liabilities-to-Assets (Q: Nov. 2024 )=Total Liabilities/Total Assets
=5.364/5.899
=0.91

* 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 0.91 mean?
Lithium Energi Exploration (LXENF) has a Liabilities-to-Assets of 0.91 as of Nov. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Lithium Energi Exploration and its competitors.
Is Lithium Energi Exploration's Liabilities-to-Assets too high?
Lithium Energi Exploration's current Liabilities-to-Assets is 0.91.
How does Lithium Energi Exploration's Liabilities-to-Assets compare to WOLV?
Lithium Energi Exploration's Liabilities-to-Assets of 0.91 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 Lithium Energi Exploration and its competitors. Lithium Energi Exploration's current Liabilities-to-Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Energi Exploration stock overvalued right now?
Lithium Energi Exploration (LXENF) has a current Liabilities-to-Assets of 0.91. The current Liabilities-to-Assets is 0.91. 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 Lithium Energi Exploration (LXENF), the current Liabilities-to-Assets is 0.91 as of Nov. 2024. 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.

Lithium Energi Exploration Business Description

Address 161 Bay Street, 27th Floor, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Lithium Energi Exploration Inc is a Canada-based exploration company. It is engaged in the acquisition, exploration, identification, and evaluation of assets in the lithium industry. The company mainly focuses on its portfolio of lithium properties. It holds an interest in the Laguna Caro Project, Antofalla North Project, and Antofalla South Project.