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EFRGF (Pasofino Gold) Liabilities-to-Assets : 15.97 (As of Jan. 2025)


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What is Pasofino Gold 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. Pasofino Gold's Total Liabilities for the quarter that ended in Jan. 2025 was $18.71 Mil. Pasofino Gold's Total Assets for the quarter that ended in Jan. 2025 was $1.17 Mil. Therefore, Pasofino Gold's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2025 was 15.97.


Pasofino Gold Liabilities-to-Assets Historical Data

The historical data trend for Pasofino Gold'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.

Pasofino Gold Liabilities-to-Assets Chart

Pasofino Gold Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.78 0.79 47.20 6.58

Pasofino Gold Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 6.87 6.58 27.00 5.30 15.97

Competitive Comparison of Pasofino Gold's Liabilities-to-Assets

For the Gold subindustry, Pasofino Gold'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.


Pasofino Gold's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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


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Pasofino Gold 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.

Pasofino Gold's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2024 is calculated as:

Liabilities-to-Assets (A: Apr. 2024 )=Total Liabilities/Total Assets
=10.265/1.559
=6.58

Pasofino Gold's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2025 is calculated as

Liabilities-to-Assets (Q: Jan. 2025 )=Total Liabilities/Total Assets
=18.714/1.172
=15.97

* 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.


Pasofino Gold  (OTCPK:EFRGF) 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.


Pasofino Gold Liabilities-to-Assets Related Terms

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Pasofino Gold Business Description

Traded in Other Exchanges
Address
366 Bay Street, Suite 200, Toronto, ON, CAN, M5H 4B2
Pasofino Gold Ltd is a Canada-based gold exploration company. It is engaged in the business of acquisition, exploration, and development of mineral properties located in Quebec, Canada. The company's projects consist of the Dugbe Gold Project in Liberia.