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Zinco Mining (TSXV:ZIM.H) Liabilities-to-Assets : 61.56 (As of Jun. 2017)


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What is Zinco Mining 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. Zinco Mining's Total Liabilities for the quarter that ended in Jun. 2017 was C$1.11 Mil. Zinco Mining's Total Assets for the quarter that ended in Jun. 2017 was C$0.02 Mil. Therefore, Zinco Mining's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2017 was 61.56.


Zinco Mining Liabilities-to-Assets Historical Data

The historical data trend for Zinco Mining'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.

Zinco Mining Liabilities-to-Assets Chart

Zinco Mining Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.15 102.75 119.29 148.57

Zinco Mining Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 103.33 148.57 29.83 49.91 61.56

Competitive Comparison of Zinco Mining's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Zinco Mining'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.


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

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

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



Zinco Mining 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.

Zinco Mining's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2016 is calculated as:

Liabilities-to-Assets (A: Sep. 2016 )=Total Liabilities/Total Assets
=1.04/0.007
=148.57

Zinco Mining's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2017 is calculated as

Liabilities-to-Assets (Q: Jun. 2017 )=Total Liabilities/Total Assets
=1.108/0.018
=61.56

* 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.


Zinco Mining  (TSXV:ZIM.H) 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.


Zinco Mining Liabilities-to-Assets Related Terms

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Zinco Mining (TSXV:ZIM.H) Business Description

Traded in Other Exchanges
N/A
Address
16055 Fraser Highway, Suite 825, 205, Surrey, BC, CAN, V4N 0G2
Zinco Mining Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, and development of its mineral interests. The firm is in the process of exploring its exploration and evaluation assets. It is engaged in the discovery and development of volcanogenic massive sulfide (VMS) deposits in Mexico. The firm, through its subsidiary, Minera Croesus S.A. de C.V., owns approximately seven mining concessions that define the VMS Project.

Zinco Mining (TSXV:ZIM.H) Headlines

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