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Precious Metals and Mining Trust (Precious Metals and Mining Trust) Liabilities-to-Assets : 0.01 (As of Dec. 2023)


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What is Precious Metals and Mining Trust 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. Precious Metals and Mining Trust's Total Liabilities for the quarter that ended in Dec. 2023 was $0.21 Mil. Precious Metals and Mining Trust's Total Assets for the quarter that ended in Dec. 2023 was $14.70 Mil. Therefore, Precious Metals and Mining Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.01.


Precious Metals and Mining Trust Liabilities-to-Assets Historical Data

The historical data trend for Precious Metals and Mining Trust'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.

* Premium members only.

Precious Metals and Mining Trust Liabilities-to-Assets Chart

Precious Metals and Mining Trust 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 0.01 0.01 0.01 0.01 0.01

Precious Metals and Mining Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.01 0.03 0.01 0.01 0.01

Competitive Comparison of Precious Metals and Mining Trust's Liabilities-to-Assets

For the Asset Management subindustry, Precious Metals and Mining Trust'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.


Precious Metals and Mining Trust's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Precious Metals and Mining Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Precious Metals and Mining Trust's Liabilities-to-Assets falls into.



Precious Metals and Mining Trust 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.

Precious Metals and Mining Trust'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
=0.212/14.698
=0.01

Precious Metals and Mining Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.212/14.698
=0.01

* 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.


Precious Metals and Mining Trust  (OTCPK:PMMTF) 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.


Precious Metals and Mining Trust Liabilities-to-Assets Related Terms

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Precious Metals and Mining Trust (Precious Metals and Mining Trust) Business Description

Traded in Other Exchanges
Address
15 York Street, Second Floor, Toronto, ON, CAN, M5J 0A3
Precious Metals and Mining Trust is an investment trust operating in Canada. The investment objective of the company is to provide long-term capital appreciation and monthly cash distributions. The investment portfolio of the trust includes equity securities of metals and minerals mining and exploration issuers.

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