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Quest Critical Metals (XCNQ:BULL) Liabilities-to-Assets : 0.27 (As of Jun. 2024)


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What is Quest Critical Metals 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. Quest Critical Metals's Total Liabilities for the quarter that ended in Jun. 2024 was C$1.20 Mil. Quest Critical Metals's Total Assets for the quarter that ended in Jun. 2024 was C$4.42 Mil. Therefore, Quest Critical Metals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.27.


Quest Critical Metals Liabilities-to-Assets Historical Data

The historical data trend for Quest Critical Metals'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.

Quest Critical Metals Liabilities-to-Assets Chart

Quest Critical Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.24 0.21 1.34 0.80

Quest Critical Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 0.80 0.27 0.36 0.27

Competitive Comparison of Quest Critical Metals's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Quest Critical Metals'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.


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

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

* The bar in red indicates where Quest Critical Metals's Liabilities-to-Assets falls into.



Quest Critical Metals 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.

Quest Critical Metals's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=1.124/1.402
=0.80

Quest Critical Metals's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=1.2/4.419
=0.27

* 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.


Quest Critical Metals  (XCNQ:BULL) 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.


Quest Critical Metals Liabilities-to-Assets Related Terms

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Quest Critical Metals Business Description

Traded in Other Exchanges
Address
1558 West Hastings Street, Vancouver, BC, CAN, V6G 3J4
Quest Critical Metals Inc is and minerals exploration company in Canada. It includes minerals like Lithium, Copper, Cobalt, and Palladium.

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