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Copper Standard Resources (XCNQ:CSR) Liabilities-to-Assets : 0.03 (As of Dec. 2023)


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What is Copper Standard 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. Copper Standard Resources's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.40 Mil. Copper Standard Resources's Total Assets for the quarter that ended in Dec. 2023 was C$14.08 Mil. Therefore, Copper Standard Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.03.


Copper Standard Resources Liabilities-to-Assets Historical Data

The historical data trend for Copper Standard 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.

Copper Standard Resources Liabilities-to-Assets Chart

Copper Standard Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.03 0.08 0.03 0.01 0.03

Copper Standard Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.01 0.01 0.03 0.02 0.03

Competitive Comparison of Copper Standard Resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Copper Standard 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.


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

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

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



Copper Standard 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.

Copper Standard Resources'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
=0.401/14.078
=0.03

Copper Standard Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=0.401/14.078
=0.03

* 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.


Copper Standard Resources  (XCNQ:CSR) 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.


Copper Standard Resources Liabilities-to-Assets Related Terms

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Copper Standard Resources (XCNQ:CSR) Business Description

Traded in Other Exchanges
Address
733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 5J3
Copper Standard Resources Inc is a resource-stage mining company with a focus on copper and gold. Its business consists of only one reportable segment being exploration and evaluation of mineral properties.