China Nonferrous Gold (STU:KRB) Liabilities-to-Assets : 4.75 (As of Jun. 2023)

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What is China Nonferrous Gold Liabilities-to-Assets?

China Nonferrous Gold STU:KRB Liabilities-to-Assets is 4.75 as of Jun. 2023.

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. China Nonferrous Gold's Total Liabilities for the quarter that ended in Jun. 2023 was €381.16 Mil. China Nonferrous Gold's Total Assets for the quarter that ended in Jun. 2023 was €80.20 Mil. Therefore, China Nonferrous Gold's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 4.75.

China Nonferrous Gold  (STU:KRB) 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.

China Nonferrous Gold Liabilities-to-Assets Related Terms

China Nonferrous Gold Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for China Nonferrous Gold'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.

China Nonferrous Gold Liabilities-to-Assets Chart

China Nonferrous Gold 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 0.98 1.03 1.05 1.07 4.53

China Nonferrous Gold 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 1.05 1.07 1.08 4.53 4.75

STU:KRB vs PGOL, RYES, JUPGF: Liabilities-to-Assets Comparison

For the Gold subindustry, China Nonferrous Gold'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.

China Nonferrous Gold Liabilities-to-Assets vs Metals & Mining Industry

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

* The bar in red indicates where China Nonferrous Gold's Liabilities-to-Assets falls into.


China Nonferrous Gold 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.

China Nonferrous Gold'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
=379.745/83.866
=4.53

China Nonferrous Gold'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
=381.157/80.199
=4.75

* 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 4.75 mean?
China Nonferrous Gold (STU:KRB) has a Liabilities-to-Assets of 4.75 as of Jun. 2023. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on China Nonferrous Gold and its competitors.
Is China Nonferrous Gold's Liabilities-to-Assets too high?
China Nonferrous Gold's current Liabilities-to-Assets is 4.75.
How does China Nonferrous Gold's Liabilities-to-Assets compare to PGOL and RYES?
China Nonferrous Gold's Liabilities-to-Assets of 4.75 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 China Nonferrous Gold and its competitors. China Nonferrous Gold's current Liabilities-to-Assets is 4.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nonferrous Gold stock overvalued right now?
China Nonferrous Gold (STU:KRB) has a current Liabilities-to-Assets of 4.75. The current Liabilities-to-Assets is 4.75. 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 China Nonferrous Gold (STU:KRB), the current Liabilities-to-Assets is 4.75 as of Jun. 2023. 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.

China Nonferrous Gold Business Description

Address One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
China Nonferrous Gold Ltd is a mineral exploration and development company. The company's geographical segment includes United Kingdom, China, and Tajikistan. It derives a majority of its revenue from Tajikistan. The company projects include the Pakrut Gold Project and Pakrut Licence Area.