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Lion Copper and Gold (TSXV:LEO) Liabilities-to-Assets : 0.59 (As of Mar. 2024)


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What is Lion Copper and Gold 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. Lion Copper and Gold's Total Liabilities for the quarter that ended in Mar. 2024 was C$15.98 Mil. Lion Copper and Gold's Total Assets for the quarter that ended in Mar. 2024 was C$27.16 Mil. Therefore, Lion Copper and Gold's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.59.


Lion Copper and Gold Liabilities-to-Assets Historical Data

The historical data trend for Lion Copper and Gold'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.

Lion Copper and Gold Liabilities-to-Assets Chart

Lion Copper and Gold 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 0.02 0.01 0.18 0.36 0.47

Lion Copper and Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.58 0.49 0.48 0.47 0.59

Competitive Comparison of Lion Copper and Gold's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Lion Copper and Gold'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.


Lion Copper and Gold's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lion Copper and Gold's Liabilities-to-Assets falls into.



Lion Copper and Gold 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.

Lion Copper and Gold'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
=7.03/15.104
=0.47

Lion Copper and Gold's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=15.977/27.156
=0.59

* 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.


Lion Copper and Gold  (TSXV:LEO) 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.


Lion Copper and Gold Liabilities-to-Assets Related Terms

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Lion Copper and Gold (TSXV:LEO) Business Description

Traded in Other Exchanges
Address
143 S Nevada St, Yerington, NV, USA, 89447
Lion Copper and Gold Corp is a Canadian mineral exploration company that is engaged in the acquisition, exploration, and development of copper projects in Nevada, Alaska, and Montana in the United States and British Columbia, Canada.
Executives
Tony Lee Alford 10% Security Holder

Lion Copper and Gold (TSXV:LEO) Headlines

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