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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. Noble Mineral Exploration's Total Liabilities for the quarter that ended in Feb. 2026 was $0.47 Mil. Noble Mineral Exploration's Total Assets for the quarter that ended in Feb. 2026 was $14.36 Mil.
Therefore, Noble Mineral Exploration's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2026 was 0.03.
Noble Mineral Exploration (OTCPK:NLPXF) 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.
Noble Mineral Exploration Liabilities-to-Assets Related Terms
Noble Mineral Exploration Liabilities-to-Assets Historical Data
* 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.
Noble Mineral Exploration Liabilities-to-Assets Chart
Noble Mineral Exploration Liabilities-to-Assets Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Noble Mineral 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.
Noble Mineral Exploration Liabilities-to-Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Noble Mineral Exploration's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Noble Mineral Exploration's Liabilities-to-Assets falls into.
Noble Mineral 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.
Noble Mineral Exploration's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2025 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.
Noble Mineral Exploration (NLPXF) has a Liabilities-to-Assets of 0.03 as of Feb. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Noble Mineral Exploration and its competitors.
Is Noble Mineral Exploration's Liabilities-to-Assets too high?
Noble Mineral Exploration's current Liabilities-to-Assets is 0.03.
How does Noble Mineral Exploration's Liabilities-to-Assets compare to competitors?
Noble Mineral Exploration's Liabilities-to-Assets of 0.03 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 Noble Mineral Exploration and its competitors. Noble Mineral Exploration's current Liabilities-to-Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Mineral Exploration stock overvalued right now?
Noble Mineral Exploration (NLPXF) has a current Liabilities-to-Assets of 0.03. The current Liabilities-to-Assets is 0.03. 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 Noble Mineral Exploration (NLPXF), the current Liabilities-to-Assets is 0.03 as of Feb. 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.
Noble Mineral Exploration Inc is a Canadian-based exploration company that is engaged in the mineral exploration and evaluation business. The company's projects include Project 81, Nagagami, Cere Villabon Newfoundland, Buckingham, Holdsworth and Hearst properties. It has exploration and development interests in Northern Ontario and Quebec that are drill-ready. The company has a single reporting operating segment engaged in the exploration and evaluation of mineral resources.
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