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SSVRF (Summa Silver) Liabilities-to-Assets : 0.00 (As of Nov. 2024)


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What is Summa Silver 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. Summa Silver's Total Liabilities for the quarter that ended in Nov. 2024 was $0.14 Mil. Summa Silver's Total Assets for the quarter that ended in Nov. 2024 was $36.03 Mil. Therefore, Summa Silver's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2024 was 0.00.


Summa Silver Liabilities-to-Assets Historical Data

The historical data trend for Summa Silver'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.

Summa Silver Liabilities-to-Assets Chart

Summa Silver Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.06 0.03 0.01 0.01 -

Summa Silver Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.01 - - -

Competitive Comparison of Summa Silver's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Summa Silver'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.


Summa Silver's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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


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Summa Silver 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.

Summa Silver's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Liabilities-to-Assets (A: Aug. 2024 )=Total Liabilities/Total Assets
=0.076/32.113
=0.00

Summa Silver's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2024 is calculated as

Liabilities-to-Assets (Q: Nov. 2024 )=Total Liabilities/Total Assets
=0.135/36.034
=0.00

* 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.


Summa Silver  (OTCPK:SSVRF) 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.


Summa Silver Liabilities-to-Assets Related Terms

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Summa Silver Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Summa Silver Corp is a Canadian junior mineral exploration company. It owns interests in the Hughes project in central Nevada, and the Mogollon project in southwestern New Mexico, covering a wide range of silver-gold bearing epithermal vein fields. The company has three reportable operating segments, being that of acquisition and exploration and evaluation activities at the Hughes property in Nevada, the Mogollon property in New Mexico, and its corporate headquarters located in Canada.