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Sailfish Royalty (Sailfish Royalty) Liabilities-to-Assets : 0.12 (As of Sep. 2023)


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What is Sailfish Royalty 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. Sailfish Royalty's Total Liabilities for the quarter that ended in Sep. 2023 was $5.18 Mil. Sailfish Royalty's Total Assets for the quarter that ended in Sep. 2023 was $42.78 Mil. Therefore, Sailfish Royalty's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.12.


Sailfish Royalty Liabilities-to-Assets Historical Data

The historical data trend for Sailfish Royalty'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.

Sailfish Royalty Liabilities-to-Assets Chart

Sailfish Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial - 0.23 0.07 0.03 0.03

Sailfish Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.02 0.03 0.03 0.03 0.12

Competitive Comparison of Sailfish Royalty's Liabilities-to-Assets

For the Gold subindustry, Sailfish Royalty'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.


Sailfish Royalty's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Sailfish Royalty 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.

Sailfish Royalty'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
=1.186/42.467
=0.03

Sailfish Royalty's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=5.184/42.781
=0.12

* 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.


Sailfish Royalty  (OTCPK:SROYF) 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.


Sailfish Royalty Liabilities-to-Assets Related Terms

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Sailfish Royalty (Sailfish Royalty) Business Description

Traded in Other Exchanges
Address
Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110
Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.