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Atico Mining (TSXV:ATY) Liabilities-to-Assets : 0.45 (As of Sep. 2024)


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What is Atico Mining 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. Atico Mining's Total Liabilities for the quarter that ended in Sep. 2024 was C$67.45 Mil. Atico Mining's Total Assets for the quarter that ended in Sep. 2024 was C$149.54 Mil. Therefore, Atico Mining's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.45.


Atico Mining Liabilities-to-Assets Historical Data

The historical data trend for Atico Mining'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.

Atico Mining Liabilities-to-Assets Chart

Atico Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.36 0.39 0.45 0.47

Atico Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.45 0.47 0.47 0.47 0.45

Competitive Comparison of Atico Mining's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Atico Mining'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.


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

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

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



Atico Mining 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.

Atico Mining's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=72.98/154.539
=0.47

Atico Mining's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=67.447/149.536
=0.45

* 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.


Atico Mining  (TSXV:ATY) 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.


Atico Mining Liabilities-to-Assets Related Terms

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Atico Mining Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Atico Mining Corp is engaged in copper-gold mining and related activities. Its activities include the exploration, development, extraction, and processing in Colombia and the acquisition, exploration, and development of copper and gold projects in Latin America. The Company's reportable segments include its mining operations at El Roble ("El Roble mine"), E&E activities at El Roble ("El Roble E&E"), and E&E activities at CMLP ("La Plata E&E"). The company generates revenue from the El Robe mine.
Executives
Matias Herrero Senior Officer
Igor Dutina Deemed Insider - 6 Months before becoming Insider
Fernando Elias Ganoza Director, Senior Officer
Mario Szotlender Director
Jorge R. Ganoza Aicardi Director, Senior Officer
Kim Charisse Casswell Senior Officer
William To Ping Tsang Senior Officer
Luis Dario Ganoza Durant Director
Alain Bureau Senior Officer

Atico Mining Headlines

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