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Hudbay Minerals (Hudbay Minerals) Liabilities-to-Assets : 0.59 (As of Dec. 2023)


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What is Hudbay Minerals 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. Hudbay Minerals's Total Liabilities for the quarter that ended in Dec. 2023 was $3,106 Mil. Hudbay Minerals's Total Assets for the quarter that ended in Dec. 2023 was $5,313 Mil. Therefore, Hudbay Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.59.


Hudbay Minerals Liabilities-to-Assets Historical Data

The historical data trend for Hudbay Minerals'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.

Hudbay Minerals Liabilities-to-Assets Chart

Hudbay Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.64 0.68 0.64 0.59

Hudbay Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.64 0.64 0.60 0.59 0.59

Competitive Comparison of Hudbay Minerals's Liabilities-to-Assets

For the Copper subindustry, Hudbay Minerals'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.


Hudbay Minerals's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Hudbay Minerals 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.

Hudbay Minerals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=3105.795/5312.634
=0.58

Hudbay Minerals'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
=3105.795/5312.634
=0.58

* 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.


Hudbay Minerals  (NYSE:HBM) 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.


Hudbay Minerals Liabilities-to-Assets Related Terms

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Hudbay Minerals (Hudbay Minerals) Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.