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NZAUD (Rua Gold) Liabilities-to-Assets : 0.08 (As of Sep. 2024)


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What is Rua Gold 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. Rua Gold's Total Liabilities for the quarter that ended in Sep. 2024 was $0.57 Mil. Rua Gold's Total Assets for the quarter that ended in Sep. 2024 was $7.05 Mil. Therefore, Rua Gold's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.08.


Rua Gold Liabilities-to-Assets Historical Data

The historical data trend for Rua Gold'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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Rua Gold Liabilities-to-Assets Chart

Rua Gold Annual Data
Trend
Liabilities-to-Assets

Rua Gold Quarterly Data
Dec22 Dec23 Mar24 Sep24
Liabilities-to-Assets - 0.01 0.08 0.08

Competitive Comparison of Rua Gold's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Rua Gold'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.


Rua Gold's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Rua Gold 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.

Rua Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

Rua Gold's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=0.569/7.051
=0.08

* 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.


Rua Gold  (OTCPK:NZAUD) 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.


Rua Gold Liabilities-to-Assets Related Terms

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Rua Gold Business Description

Comparable Companies
Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Rua Gold Inc is a resource exploration company focused on the acquisition, evaluation and exploration of mineral resource properties. Its has only material mineral property is the Reefton Project.