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Colossus Resources (TSXV:CLUS) Liabilities-to-Assets : 1.45 (As of Feb. 2025)


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What is Colossus Resources 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. Colossus Resources's Total Liabilities for the quarter that ended in Feb. 2025 was C$0.24 Mil. Colossus Resources's Total Assets for the quarter that ended in Feb. 2025 was C$0.17 Mil. Therefore, Colossus Resources's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2025 was 1.45.


Colossus Resources Liabilities-to-Assets Historical Data

The historical data trend for Colossus Resources'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.

Colossus Resources Liabilities-to-Assets Chart

Colossus Resources Annual Data
Trend May21 May22 May23 May24
Liabilities-to-Assets
0.01 0.10 0.14 0.73

Colossus Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.21 0.73 1.10 1.32 1.45

Competitive Comparison of Colossus Resources's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Colossus Resources'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.


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

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

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


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Colossus Resources 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.

Colossus Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2024 is calculated as:

Liabilities-to-Assets (A: May. 2024 )=Total Liabilities/Total Assets
=0.103/0.142
=0.73

Colossus Resources's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2025 is calculated as

Liabilities-to-Assets (Q: Feb. 2025 )=Total Liabilities/Total Assets
=0.242/0.167
=1.45

* 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.


Colossus Resources  (TSXV:CLUS) 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.


Colossus Resources Liabilities-to-Assets Related Terms

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Colossus Resources Business Description

Traded in Other Exchanges
N/A
Address
2475 Queens Avenue, West Vancouver, Vancouver, BC, CAN, V7V2Y9
Colossus Resources Corp is an exploration and development stage mining company. The company's principal business activities include the acquisition and exploration of mineral property assets. The company holds interests in early-stage mineral exploration properties in Ontario. It holds interest in Master Cu Project; Little Joe Fault Cu Project; and Red Lake Pringle South Project. The Company operates in one reportable operating segment being the acquisition, exploration and evaluation of exploration and evaluation assets in Canada.
Executives
Ioannis Tsitos Director
Charalambos Katevatis Director, Senior Officer

Colossus Resources Headlines