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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. Niko Resources's Total Liabilities for the quarter that ended in Dec. 2024 was $407.30 Mil. Niko Resources's Total Assets for the quarter that ended in Dec. 2024 was $0.49 Mil.
Therefore, Niko Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 827.85.
Niko Resources (OTCPK:NKRSF) 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.
Niko Resources Liabilities-to-Assets Related Terms
Niko Resources Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for Niko 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.
NKRSF vs SNECQ, PTCO, ALTX: Liabilities-to-Assets Comparison
For the Oil & Gas E&P subindustry, Niko 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.
Niko Resources Liabilities-to-Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Niko Resources's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Niko Resources's Liabilities-to-Assets falls into.
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.
Niko Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:
* 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.
Niko Resources (NKRSF) has a Liabilities-to-Assets of 827.85 as of Dec. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Niko Resources and its competitors.
Is Niko Resources' Liabilities-to-Assets too high?
Niko Resources' current Liabilities-to-Assets is 827.85.
How does Niko Resources' Liabilities-to-Assets compare to SNECQ and PTCO?
Niko Resources' Liabilities-to-Assets of 827.85 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 Niko Resources and its competitors. Niko Resources's current Liabilities-to-Assets is 827.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Resources stock overvalued right now?
Niko Resources (NKRSF) has a current Liabilities-to-Assets of 827.85. The current Liabilities-to-Assets is 827.85. 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 Niko Resources (NKRSF), the current Liabilities-to-Assets is 827.85 as of Dec. 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.
Niko Resources Ltd. is a Canadian oil and natural gas exploration and production company that focuses on international upstream projects. Its principal operations have centered on India, where it holds interests in offshore blocks, including the D6 Block in the Krishna-Godavari Basin, and it has also pursued exploration and production interests in Bangladesh, Indonesia, and other international jurisdictions. The company typically operates through production sharing contracts and joint ventures with partners and state-owned entities, earning revenue from the sale of crude oil and natural gas. Niko has historically held both operated and non-operated working interests, with natural gas representing a significant share of output. The company has faced financial and legal challenges in recent years, and its asset base and operations have changed materially over time.
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