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First Tellurium (XCNQ:FTEL) Liabilities-to-Assets : 0.75 (As of Jan. 2024)


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What is First Tellurium 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. First Tellurium's Total Liabilities for the quarter that ended in Jan. 2024 was C$0.95 Mil. First Tellurium's Total Assets for the quarter that ended in Jan. 2024 was C$1.27 Mil. Therefore, First Tellurium's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.75.


First Tellurium Liabilities-to-Assets Historical Data

The historical data trend for First Tellurium'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.

First Tellurium Liabilities-to-Assets Chart

First Tellurium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.63 2.04 3.31 0.27 0.32

First Tellurium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.18 0.17 0.32 0.58 0.75

Competitive Comparison of First Tellurium's Liabilities-to-Assets

For the Other Precious Metals & Mining subindustry, First Tellurium'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.


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

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

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



First Tellurium 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.

First Tellurium's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Liabilities-to-Assets (A: Jul. 2023 )=Total Liabilities/Total Assets
=0.55/1.713
=0.32

First Tellurium's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=0.954/1.272
=0.75

* 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.


First Tellurium  (XCNQ:FTEL) 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.


First Tellurium Liabilities-to-Assets Related Terms

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First Tellurium (XCNQ:FTEL) Business Description

Traded in Other Exchanges
Address
1440 Garden Place, Suite 381, Delta, BC, CAN, V4M 3Z2
First Tellurium Corp, formerly Deer Horn Capital Inc is a Canadian-based exploration company. It engaged in exploring for and providing, essential and critical metals (Te, Au, Ag, Cu, W). The company holds two projects Deerhorn property and the Colorado Klondike property. The Company operates in one business segment being the acquisition and exploration of exploration and evaluation assets in Canada and the United States.
Executives
Tyrone Mark Docherty Director