MIRXF (Serrano Resources) Liabilities-to-Assets : 186.50 (As of Jun. 2026)

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What is Serrano Resources Liabilities-to-Assets?

Serrano Resources MIRXF Liabilities-to-Assets is 186.50 as of Jun. 2026.

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. Serrano Resources's Total Liabilities for the quarter that ended in Jun. 2026 was $0.37 Mil. Serrano Resources's Total Assets for the quarter that ended in Jun. 2026 was $0.00 Mil.

Serrano Resources  (OTCPK:MIRXF) 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.

Serrano Resources Liabilities-to-Assets Related Terms

Serrano Resources Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Serrano 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.

Serrano Resources Liabilities-to-Assets Chart

Serrano 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 50.00 90.00 154.50 107.00 360.00

Serrano Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 352.00 354.00 360.00 368.00 186.50

MIRXF vs COP, EOG, FANG: Liabilities-to-Assets Comparison

For the Oil & Gas E&P subindustry, Serrano 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.

Serrano Resources Liabilities-to-Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Serrano Resources's Liabilities-to-Assets distribution charts can be found below:

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


Serrano 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.

Serrano 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
=0.36/0.001
=360.00

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

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=0.373/0.002
=N/A

* 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 186.50 mean?
Serrano Resources (MIRXF) has a Liabilities-to-Assets of 186.50 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Serrano Resources and its competitors.
Is Serrano Resources' Liabilities-to-Assets too high?
Serrano Resources' current Liabilities-to-Assets is 186.50.
How does Serrano Resources' Liabilities-to-Assets compare to COP and EOG?
Serrano Resources' Liabilities-to-Assets of 186.50 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas 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 Serrano Resources and its competitors. Serrano Resources's current Liabilities-to-Assets is 186.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serrano Resources stock overvalued right now?
Serrano Resources (MIRXF) has a current Liabilities-to-Assets of 186.50. The current Liabilities-to-Assets is 186.50. 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 Serrano Resources (MIRXF), the current Liabilities-to-Assets is 186.50 as of Jun. 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.

Serrano Resources Business Description

Industry EnergyOil & Gas
Other Exchanges SC.H:Canada
Address 401 West Georgia Street, Suite 2020, Vancouver, BC, CAN, V6B 5A1
Serrano Resources Ltd is engaged in the acquisition and exploration of oil and gas properties.