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Melkior Resources (TSXV:MKR) Liabilities-to-Assets : 0.02 (As of Feb. 2024)


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What is Melkior 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. Melkior Resources's Total Liabilities for the quarter that ended in Feb. 2024 was C$0.24 Mil. Melkior Resources's Total Assets for the quarter that ended in Feb. 2024 was C$16.03 Mil. Therefore, Melkior Resources's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.02.


Melkior Resources Liabilities-to-Assets Historical Data

The historical data trend for Melkior 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.

Melkior Resources Liabilities-to-Assets Chart

Melkior Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 - 0.02 0.02

Melkior Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.02 0.01 0.02 0.02 0.02

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

For the Other Industrial Metals & Mining subindustry, Melkior 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.


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

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

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



Melkior 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.

Melkior Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Liabilities-to-Assets (A: Aug. 2023 )=Total Liabilities/Total Assets
=0.302/15.765
=0.02

Melkior Resources's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=0.24/16.028
=0.01

* 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.


Melkior Resources  (TSXV:MKR) 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.


Melkior Resources Liabilities-to-Assets Related Terms

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Melkior Resources (TSXV:MKR) Business Description

Traded in Other Exchanges
Address
66 Brousseau Avenue, Suite 207, Timmins, ON, CAN, P4N 5Y2
Melkior Resources Inc is a mineral exploration company. It is engaged in the acquisition and exploration of mining properties. Its exploration includes gold, base metal, and others. Its projects include Carscallen Project, Val d'Or Project, and other projects.
Executives
Jonathon Deluce Director, Senior Officer
Keith James Deluce 10% Security Holder, Director
Norman Farrell Director

Melkior Resources (TSXV:MKR) Headlines

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