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American Cordillera Mining (American Cordillera Mining) Liabilities-to-Assets : 2.33 (As of May. 2015)


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What is American Cordillera 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. American Cordillera Mining's Total Liabilities for the quarter that ended in May. 2015 was $0.13 Mil. American Cordillera Mining's Total Assets for the quarter that ended in May. 2015 was $0.06 Mil. Therefore, American Cordillera Mining's Liabilities-to-Assets Ratio for the quarter that ended in May. 2015 was 2.33.


American Cordillera Mining Liabilities-to-Assets Historical Data

The historical data trend for American Cordillera 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.

American Cordillera Mining Liabilities-to-Assets Chart

American Cordillera Mining Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Nov13 Nov14
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.25 1.44 0.09 0.25 2.14

American Cordillera Mining Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 0.24 0.27 2.14 2.15 2.33

Competitive Comparison of American Cordillera Mining's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, American Cordillera 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.


American Cordillera Mining's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



American Cordillera 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.

American Cordillera Mining's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2014 is calculated as:

Liabilities-to-Assets (A: Nov. 2014 )=Total Liabilities/Total Assets
=0.152/0.071
=2.14

American Cordillera Mining's Liabilities-to-Assets Ratio for the quarter that ended in May. 2015 is calculated as

Liabilities-to-Assets (Q: May. 2015 )=Total Liabilities/Total Assets
=0.128/0.055
=2.33

* 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.


American Cordillera Mining  (OTCPK:AUAG) 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.


American Cordillera Mining Liabilities-to-Assets Related Terms

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American Cordillera Mining (American Cordillera Mining) Business Description

Traded in Other Exchanges
N/A
Address
American Cordillera Mining Corp was incorporated on July 23, 1996 under the laws of the State of Nevada. The company acquires, import, market, and sell valuable antiquity and art items of Asian origin. These items include things like furniture, works of art, antiques, glass works, porcelain, statues, pottery, sculptures and other collectibles and collector items that have their origin in the Far East. They acquire pieces through a number of reputable agents and wholesale distribution sources in Hong Kong and the People's Republic of China.
Executives
Wah On Wong director, officer: Secretary ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -

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