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Infield Minerals (TSXV:INFD) Liabilities-to-Assets : 0.09 (As of Sep. 2024)


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What is Infield Minerals 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. Infield Minerals's Total Liabilities for the quarter that ended in Sep. 2024 was C$0.18 Mil. Infield Minerals's Total Assets for the quarter that ended in Sep. 2024 was C$2.01 Mil. Therefore, Infield Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.09.


Infield Minerals Liabilities-to-Assets Historical Data

The historical data trend for Infield Minerals'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.

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Infield Minerals Liabilities-to-Assets Chart

Infield Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.06 0.03 0.02 0.06

Infield Minerals Quarterly Data
Mar20 Jun20 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 0.03 0.06 0.09 0.08 0.09

Competitive Comparison of Infield Minerals's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, Infield Minerals'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.


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

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

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



Infield Minerals 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.

Infield Minerals'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
=0.117/1.943
=0.06

Infield Minerals'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
=0.176/2.007
=0.09

* 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.


Infield Minerals  (TSXV:INFD) 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.


Infield Minerals Liabilities-to-Assets Related Terms

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Infield Minerals Business Description

Traded in Other Exchanges
N/A
Address
609 Granville Street, Suite 1600, PO Box 10068 Pacific Centre, Vancouver, BC, CAN, V7Y 1C3
Infield Minerals Corp is principally engaged in the acquisition, exploration, and evaluation of mineral resources, currently focusing on projects in Nevada, USA.
Executives
Scott Edwin Ackerman Director
Evandra Kiyoko Nakano 10% Security Holder, Director, Senior Officer

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