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Sirius Minerals (Sirius Minerals) Liabilities-to-Assets : 0.47 (As of Jun. 2019)


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What is Sirius 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. Sirius Minerals's Total Liabilities for the quarter that ended in Jun. 2019 was $1,014.20 Mil. Sirius Minerals's Total Assets for the quarter that ended in Jun. 2019 was $2,146.13 Mil. Therefore, Sirius Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2019 was 0.47.


Sirius Minerals Liabilities-to-Assets Historical Data

The historical data trend for Sirius 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.

Sirius Minerals Liabilities-to-Assets Chart

Sirius Minerals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.03 0.40 0.37 0.44

Sirius Minerals Semi-Annual Data
Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 0.47 0.37 0.41 0.44 0.47

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

For the Agricultural Inputs subindustry, Sirius 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.


Sirius Minerals's Liabilities-to-Assets Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sirius Minerals's Liabilities-to-Assets distribution charts can be found below:

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



Sirius 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.

Sirius Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Liabilities-to-Assets (A: Dec. 2018 )=Total Liabilities/Total Assets
=576.962/1304.304
=0.44

Sirius Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2019 is calculated as

Liabilities-to-Assets (Q: Jun. 2019 )=Total Liabilities/Total Assets
=1014.195/2146.134
=0.47

* 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.


Sirius Minerals  (OTCPK:SRUXY) 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.


Sirius Minerals Liabilities-to-Assets Related Terms

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Sirius Minerals (Sirius Minerals) Business Description

Traded in Other Exchanges
N/A
Address
68 Haymarket, Third Floor, Greener House, London, GBR, SW1Y 4RF
Sirius Minerals PLC is a producer of multi-nutrient fertilizers. The company is currently organized into one business division: the UK segment. Under its UK segment, the firm conducts North Yorkshire polyhalite project related activities and the corporate operations. POLY4 is the trademark name of all polyhalite products from the company. The company operates its business mainly in the United Kingdom.

Sirius Minerals (Sirius Minerals) Headlines

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