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Tartisan Nickel (XCNQ:TN) Liabilities-to-Assets : 0.04 (As of Dec. 2023)


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What is Tartisan Nickel 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. Tartisan Nickel's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.60 Mil. Tartisan Nickel's Total Assets for the quarter that ended in Dec. 2023 was C$13.99 Mil. Therefore, Tartisan Nickel's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.04.


Tartisan Nickel Liabilities-to-Assets Historical Data

The historical data trend for Tartisan Nickel'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.

Tartisan Nickel Liabilities-to-Assets Chart

Tartisan Nickel Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.07 0.06 0.04 0.05

Tartisan Nickel Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.05 0.05 0.04

Competitive Comparison of Tartisan Nickel's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Tartisan Nickel'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.


Tartisan Nickel's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Tartisan Nickel 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.

Tartisan Nickel's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Liabilities-to-Assets (A: Mar. 2022 )=Total Liabilities/Total Assets
=1.076/20.019
=0.05

Tartisan Nickel'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
=0.603/13.994
=0.04

* 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.


Tartisan Nickel  (XCNQ:TN) 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.


Tartisan Nickel Liabilities-to-Assets Related Terms

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Tartisan Nickel (XCNQ:TN) Business Description

Traded in Other Exchanges
Address
44 Victoria Street, Suite 1102, Toronto, ON, CAN, M5C 1Y2
Tartisan Nickel Corp is a Canadian mineral exploration and development company. It is engaged in the business of acquiring, exploring, and developing mineral properties. Geographically, it operates in Peru and Canada. The company properties include Sill Lake, Kenbridge, Turtle Pond, and Don Pancho.
Executives
D. Mark Appleby Director, Senior Officer

Tartisan Nickel (XCNQ:TN) Headlines

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