STACF (Portex Minerals) Liabilities-to-Assets : 12.21 (As of Jun. 2016)

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What is Portex Minerals Liabilities-to-Assets?

Portex Minerals STACF Liabilities-to-Assets is 12.21 as of Jun. 2016.

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. Portex Minerals's Total Liabilities for the quarter that ended in Jun. 2016 was $0.40 Mil. Portex Minerals's Total Assets for the quarter that ended in Jun. 2016 was $0.03 Mil. Therefore, Portex Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2016 was 12.21.

Portex Minerals  (OTCPK:STACF) 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.

Portex Minerals Liabilities-to-Assets Related Terms

Portex Minerals Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Portex 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.

Portex Minerals Liabilities-to-Assets Chart

Portex Minerals Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.24 0.84 0.81 0.86 13.34

Portex Minerals Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 6.04 13.34 51.47 12.25 12.21

Portex Minerals Liabilities-to-Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Portex 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.

Portex Minerals Liabilities-to-Assets vs Metals & Mining Industry

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

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


Portex 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.

Portex Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2015 is calculated as:

Liabilities-to-Assets (A: Sep. 2015 )=Total Liabilities/Total Assets
=1.681/0.126
=13.34

Portex Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2016 is calculated as

Liabilities-to-Assets (Q: Jun. 2016 )=Total Liabilities/Total Assets
=0.403/0.033
=12.21

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 12.21 mean?
Portex Minerals (STACF) has a Liabilities-to-Assets of 12.21 as of Jun. 2016. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Portex Minerals and its competitors.
Is Portex Minerals' Liabilities-to-Assets too high?
Portex Minerals' current Liabilities-to-Assets is 12.21.
How does Portex Minerals' Liabilities-to-Assets compare to competitors?
Portex Minerals' Liabilities-to-Assets of 12.21 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Portex Minerals and its competitors. Portex Minerals's current Liabilities-to-Assets is 12.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Portex Minerals stock overvalued right now?
Portex Minerals (STACF) has a current Liabilities-to-Assets of 12.21. The current Liabilities-to-Assets is 12.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Portex Minerals (STACF), the current Liabilities-to-Assets is 12.21 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Portex Minerals Business Description

Address 2 Bloor Street West, Suite 2000, Toronto, ON, CAN, M4W 3E2
Portex Minerals Inc is a mineral exploration and development company focused on the acquisition and development of mining projects in Europe and other low-risk jurisdictions.