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Strategic Minerals (Strategic Minerals) Liabilities-to-Assets : 0.15 (As of Jun. 2023)


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What is Strategic Minerals 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. Strategic Minerals's Total Liabilities for the quarter that ended in Jun. 2023 was $2.34 Mil. Strategic Minerals's Total Assets for the quarter that ended in Jun. 2023 was $15.24 Mil. Therefore, Strategic Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.15.


Strategic Minerals Liabilities-to-Assets Historical Data

The historical data trend for Strategic Minerals'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.

Strategic Minerals Liabilities-to-Assets Chart

Strategic Minerals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.25 0.06 0.10 0.16

Strategic Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.06 0.10 0.09 0.16 0.15

Competitive Comparison of Strategic Minerals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Strategic Minerals'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.


Strategic Minerals's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Strategic Minerals 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.

Strategic Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=2.405/15.248
=0.16

Strategic Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=2.34/15.243
=0.15

* 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.


Strategic Minerals  (OTCPK:SMCDY) 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.


Strategic Minerals Liabilities-to-Assets Related Terms

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Strategic Minerals (Strategic Minerals) Business Description

Traded in Other Exchanges
Address
27/28 Eastcastle Street, London, GBR, W1W 8DH
Strategic Minerals PLC is a UK-based mineral production and development company. The principal business activity of the company is the exploration, development, and operation of mining projects. Its operating segments include Southern Minerals Group LLC (SMG), Head Office, Development Asset, and United Kingdom. It derives a majority of the revenue from the SMG segment that is involved in the sale of magnetite to both the US domestic market and historically transported magnetite to port for onward export sale.

Strategic Minerals (Strategic Minerals) Headlines

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