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Nickel Creek Platinum (Nickel Creek Platinum) Liabilities-to-Assets : 0.03 (As of Mar. 2024)


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What is Nickel Creek Platinum 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. Nickel Creek Platinum's Total Liabilities for the quarter that ended in Mar. 2024 was $0.63 Mil. Nickel Creek Platinum's Total Assets for the quarter that ended in Mar. 2024 was $25.33 Mil. Therefore, Nickel Creek Platinum's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.03.


Nickel Creek Platinum Liabilities-to-Assets Historical Data

The historical data trend for Nickel Creek Platinum'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.

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Nickel Creek Platinum Liabilities-to-Assets Chart

Nickel Creek Platinum 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 0.04 0.03 0.03 0.03 0.03

Nickel Creek Platinum 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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Nickel Creek Platinum's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Nickel Creek Platinum'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.


Nickel Creek Platinum's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nickel Creek Platinum's Liabilities-to-Assets falls into.



Nickel Creek Platinum 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.

Nickel Creek Platinum'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
=0.674/25.411
=0.03

Nickel Creek Platinum'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
=0.631/25.332
=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.


Nickel Creek Platinum  (OTCPK:NCPCF) 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.


Nickel Creek Platinum Liabilities-to-Assets Related Terms

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Nickel Creek Platinum (Nickel Creek Platinum) Business Description

Traded in Other Exchanges
Address
1700 - 666 Burrard Street, Vancouver, BC, CAN, V6C 2X8
Nickel Creek Platinum Corp is a Canadian involved in mining exploration, evaluation, and development of platinum group metal and nickel mineral properties. The company mainly operates through its Yukon Territory property in Canada. It generates majority of its revenue through the sale of its metals deposit, while it also engages in the acquisition, evaluation, research, and development of mining properties.

Nickel Creek Platinum (Nickel Creek Platinum) Headlines

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