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Benz Mining (TSXV:BZ) Liabilities-to-Assets : 0.20 (As of Jan. 2024)


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What is Benz 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. Benz Mining's Total Liabilities for the quarter that ended in Jan. 2024 was C$1.98 Mil. Benz Mining's Total Assets for the quarter that ended in Jan. 2024 was C$9.78 Mil. Therefore, Benz Mining's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.20.


Benz Mining Liabilities-to-Assets Historical Data

The historical data trend for Benz 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.

Benz Mining Liabilities-to-Assets Chart

Benz Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.09 0.30 0.42 0.33

Benz Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.41 0.33 0.26 0.23 0.20

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

For the Other Industrial Metals & Mining subindustry, Benz 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.


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

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

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



Benz 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.

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

Liabilities-to-Assets (A: Apr. 2023 )=Total Liabilities/Total Assets
=4.308/13.074
=0.33

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

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=1.975/9.78
=0.20

* 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.


Benz Mining  (TSXV:BZ) 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.


Benz Mining Liabilities-to-Assets Related Terms

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Benz Mining (TSXV:BZ) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Benz Mining Corp is a Canada-based gold exploration company. The company is engaged in the acquisition, exploration, and exploitation of mineral properties in the Americas. It acquires 100% of the Eastmain Gold Mine Project, a resource stage Au-Ag-Cu deposit in the James Bay Region, Quebec.