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Minera Alamos (TSXV:MAI) Liabilities-to-Assets : 0.36 (As of Sep. 2024)


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What is Minera Alamos 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. Minera Alamos's Total Liabilities for the quarter that ended in Sep. 2024 was C$14.26 Mil. Minera Alamos's Total Assets for the quarter that ended in Sep. 2024 was C$39.89 Mil. Therefore, Minera Alamos's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.36.


Minera Alamos Liabilities-to-Assets Historical Data

The historical data trend for Minera Alamos'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.

Minera Alamos Liabilities-to-Assets Chart

Minera Alamos 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 0.58 0.04 0.12 0.19 0.27

Minera Alamos 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 0.11 0.27 0.23 0.25 0.36

Competitive Comparison of Minera Alamos's Liabilities-to-Assets

For the Gold subindustry, Minera Alamos'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.


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

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

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


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Minera Alamos 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.

Minera Alamos'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
=13.931/51.62
=0.27

Minera Alamos'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
=14.262/39.891
=0.36

* 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.


Minera Alamos  (TSXV:MAI) 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.


Minera Alamos Liabilities-to-Assets Related Terms

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Minera Alamos Business Description

Traded in Other Exchanges
Address
55 York Street, Suite 402, Toronto, ON, CAN, M5J 1R7
Minera Alamos Inc is a junior mining and exploration company engaged directly and indirectly through its subsidiaries in the acquisition, exploration, and development of mineral properties located in Mexico. The Company operates in one business segment, mineral exploration, and two geographical segments, Canada and Mexico.
Executives
Doug Ramshaw Director, Senior Officer
Robert Bruce Durham Director
Osisko Gold Royalties Ltd 10% Security Holder
Darren Koningen Director
Chester F. Millar Director

Minera Alamos Headlines

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