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Pilbara Minerals (Pilbara Minerals) Liabilities-to-Assets : 0.27 (As of Dec. 2023)


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What is Pilbara 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. Pilbara Minerals's Total Liabilities for the quarter that ended in Dec. 2023 was $798 Mil. Pilbara Minerals's Total Assets for the quarter that ended in Dec. 2023 was $2,943 Mil. Therefore, Pilbara Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.27.


Pilbara Minerals Liabilities-to-Assets Historical Data

The historical data trend for Pilbara 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.

Pilbara Minerals Liabilities-to-Assets Chart

Pilbara Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.36 0.40 0.35 0.35

Pilbara Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.30 0.35 0.33 0.35 0.27

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

For the Other Industrial Metals & Mining subindustry, Pilbara 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.


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

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

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



Pilbara 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.

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

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=1213.968/3489.151
=0.35

Pilbara 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
=797.881/2943.28
=0.27

* 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.


Pilbara Minerals  (OTCPK:PILBF) 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.


Pilbara Minerals Liabilities-to-Assets Related Terms

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Pilbara Minerals (Pilbara Minerals) Business Description

Traded in Other Exchanges
Address
146 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
Pilbara Minerals Ltd is an industrial metals and materials company. The business is engaged in the exploration, development, and mining of resources. Pilbara Minerals has one business segment, Mining, that is engaged in mineral exploration, evaluation, and development of various mineral resources. The company generates the vast majority of its revenue in Australia. The company's primary property is the Pilgangoora Lithium-Tantalum Project in the Pilbara region of Western Australia.

Pilbara Minerals (Pilbara Minerals) Headlines