GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tombstone Exploration Corp (OTCPK:TMBXF) » Definitions » Liabilities-to-Assets

Tombstone Exploration (Tombstone Exploration) Liabilities-to-Assets : 0.28 (As of Dec. 2021)


View and export this data going back to . Start your Free Trial

What is Tombstone Exploration 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. Tombstone Exploration's Total Liabilities for the quarter that ended in Dec. 2021 was $0.85 Mil. Tombstone Exploration's Total Assets for the quarter that ended in Dec. 2021 was $3.04 Mil. Therefore, Tombstone Exploration's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 was 0.28.


Tombstone Exploration Liabilities-to-Assets Historical Data

The historical data trend for Tombstone Exploration'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.

Tombstone Exploration Liabilities-to-Assets Chart

Tombstone Exploration Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.29 12.88 0.54 0.18 0.28

Tombstone Exploration Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 7.29 12.88 0.54 0.18 0.28

Competitive Comparison of Tombstone Exploration's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Tombstone Exploration'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.


Tombstone Exploration's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Tombstone Exploration 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.

Tombstone Exploration's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Liabilities-to-Assets (A: Dec. 2021 )=Total Liabilities/Total Assets
=0.845/3.04
=0.28

Tombstone Exploration's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 is calculated as

Liabilities-to-Assets (Q: Dec. 2021 )=Total Liabilities/Total Assets
=0.845/3.04
=0.28

* 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.


Tombstone Exploration  (OTCPK:TMBXF) 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.


Tombstone Exploration Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Tombstone Exploration's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Tombstone Exploration (Tombstone Exploration) Business Description

Traded in Other Exchanges
N/A
Address
6529 E. Friess Drive, Scottsdale, AZ, USA, 85254
Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.

Tombstone Exploration (Tombstone Exploration) Headlines

From GuruFocus

Emerging Markets Report: Calculations

By Marketwired Marketwired 06-29-2020