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Pershimex Resources (TSXV:PRO) Liabilities-to-Assets : 0.05 (As of Nov. 2022)


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What is Pershimex 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. Pershimex Resources's Total Liabilities for the quarter that ended in Nov. 2022 was C$0.44 Mil. Pershimex Resources's Total Assets for the quarter that ended in Nov. 2022 was C$9.41 Mil. Therefore, Pershimex Resources's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2022 was 0.05.


Pershimex Resources Liabilities-to-Assets Historical Data

The historical data trend for Pershimex 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.

Pershimex Resources Liabilities-to-Assets Chart

Pershimex Resources Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.03 0.01 -

Pershimex Resources Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 - - - 0.05

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

For the Other Industrial Metals & Mining subindustry, Pershimex 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.


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

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

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



Pershimex 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.

Pershimex Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2022 is calculated as:

Liabilities-to-Assets (A: Feb. 2022 )=Total Liabilities/Total Assets
=0.001/9.223
=0.00

Pershimex Resources's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2022 is calculated as

Liabilities-to-Assets (Q: Nov. 2022 )=Total Liabilities/Total Assets
=0.444/9.414
=0.05

* 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.


Pershimex Resources  (TSXV:PRO) 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.


Pershimex Resources Liabilities-to-Assets Related Terms

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Pershimex Resources (TSXV:PRO) Business Description

Traded in Other Exchanges
N/A
Address
147 avenue Perrault, Val d'Or, QC, CAN, J9P 2G9
Pershimex Resources Corp is a Canadian exploration company. It is engaged in the acquisition, assessment, exploration, and development of mineral properties. The projects of the company Malartic project, Belleterre property, Forsan property, Courville property and others. The company operates through a single segment which is the exploration and evaluation of mineral resources.
Executives
Robert Gagnon Director, Senior Officer
Roger Bureau 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder