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Lancaster resources (XCNQ:LCR) Liabilities-to-Assets : 2.89 (As of Sep. 2024)


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What is Lancaster 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. Lancaster resources's Total Liabilities for the quarter that ended in Sep. 2024 was C$1.55 Mil. Lancaster resources's Total Assets for the quarter that ended in Sep. 2024 was C$0.54 Mil. Therefore, Lancaster resources's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 2.89.


Lancaster resources Liabilities-to-Assets Historical Data

The historical data trend for Lancaster 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.

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Lancaster resources Liabilities-to-Assets Chart

Lancaster resources Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial 4.70 0.78 11.87 0.09 1.85

Lancaster resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.71 1.56 1.85 2.26 2.89

Competitive Comparison of Lancaster resources's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Lancaster 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.


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

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

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



Lancaster 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.

Lancaster resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=1.332/0.719
=1.85

Lancaster resources's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=1.545/0.535
=2.89

* 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.


Lancaster resources  (XCNQ:LCR) 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.


Lancaster resources Liabilities-to-Assets Related Terms

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Lancaster resources Business Description

Traded in Other Exchanges
Address
2569 Marine Drive, Vancouver, BC, CAN, V7V 1L5
Lancaster resources Inc is engaged in exploring energy transition metals, particularly lithium, to take advantage of the shifts toward decarbonization and electrification. Its goal is to identify, acquire, explore, and develop high-quality mineral-rich properties, integrating sustainable energy sources and technologies for climate-positive resource production. The company holds exclusive rights to acquire a 100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, USA.

Lancaster resources Headlines

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