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Silver Hammer Mining (XCNQ:HAMR) Liabilities-to-Assets : 0.06 (As of Dec. 2023)


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What is Silver Hammer 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. Silver Hammer Mining's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.53 Mil. Silver Hammer Mining's Total Assets for the quarter that ended in Dec. 2023 was C$9.06 Mil. Therefore, Silver Hammer Mining's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.06.


Silver Hammer Mining Liabilities-to-Assets Historical Data

The historical data trend for Silver Hammer 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.

Silver Hammer Mining Liabilities-to-Assets Chart

Silver Hammer Mining Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
0.26 0.04 0.04 0.06

Silver Hammer Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.04 0.02 0.02 0.06 0.06

Competitive Comparison of Silver Hammer Mining's Liabilities-to-Assets

For the Silver subindustry, Silver Hammer 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.


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

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

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



Silver Hammer 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.

Silver Hammer Mining'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
=0.524/9.431
=0.06

Silver Hammer Mining'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
=0.528/9.058
=0.06

* 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.


Silver Hammer Mining  (XCNQ:HAMR) 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.


Silver Hammer Mining Liabilities-to-Assets Related Terms

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Silver Hammer Mining (XCNQ:HAMR) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5
Silver Hammer Mining Corp is engaged in the business of exploration of mineral properties in Canada. Its principal property is the Lacy Property. Its projects include the Silver Strand project, the Eliza silver project, the Silverton silver mine project, and the Lacy project.

Silver Hammer Mining (XCNQ:HAMR) Headlines

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