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TOR Minerals International (TOR Minerals International) Liabilities-to-Assets : 0.21 (As of Dec. 2017)


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What is TOR Minerals International 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. TOR Minerals International's Total Liabilities for the quarter that ended in Dec. 2017 was $7.48 Mil. TOR Minerals International's Total Assets for the quarter that ended in Dec. 2017 was $36.33 Mil. Therefore, TOR Minerals International's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2017 was 0.21.


TOR Minerals International Liabilities-to-Assets Historical Data

The historical data trend for TOR Minerals International'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.

TOR Minerals International Liabilities-to-Assets Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.25 0.27 0.21 0.21

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 0.27 0.25 0.27 0.21 0.21

Competitive Comparison of TOR Minerals International's Liabilities-to-Assets

For the Specialty Chemicals subindustry, TOR Minerals International'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.


TOR Minerals International's Liabilities-to-Assets Distribution in the Chemicals Industry

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

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



TOR Minerals International 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.

TOR Minerals International's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=7.477/36.329
=0.21

TOR Minerals International's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2017 is calculated as

Liabilities-to-Assets (Q: Dec. 2017 )=Total Liabilities/Total Assets
=7.477/36.329
=0.21

* 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.


TOR Minerals International  (OTCPK:TORM) 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.


TOR Minerals International Liabilities-to-Assets Related Terms

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TOR Minerals International (TOR Minerals International) Business Description

Traded in Other Exchanges
N/A
Address
615 N Upper Broadway, Suite 410, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
Executives
Steven E Paulson director 722 BURLESON STREET, CORPUS CHRISTI TX 78402
Mark A Graber 10 percent owner 2220 NORTHSTAR STREET, NUMBER 17, ANCHORAGE AK 99503

TOR Minerals International (TOR Minerals International) Headlines