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Royal Energy Resources (Royal Energy Resources) Liabilities-to-Assets : 0.69 (As of Sep. 2019)


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What is Royal Energy Resources 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. Royal Energy Resources's Total Liabilities for the quarter that ended in Sep. 2019 was $163.9 Mil. Royal Energy Resources's Total Assets for the quarter that ended in Sep. 2019 was $236.2 Mil. Therefore, Royal Energy Resources's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2019 was 0.69.


Royal Energy Resources Liabilities-to-Assets Historical Data

The historical data trend for Royal Energy Resources'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.

Royal Energy Resources Liabilities-to-Assets Chart

Royal Energy Resources Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Dec16 Dec17 Dec18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 0.05 0.61 0.51 0.52

Royal Energy Resources Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.54 0.52 0.57 0.59 0.69

Competitive Comparison of Royal Energy Resources's Liabilities-to-Assets

For the Thermal Coal subindustry, Royal Energy Resources'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.


Royal Energy Resources's Liabilities-to-Assets Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Royal Energy Resources's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Royal Energy Resources's Liabilities-to-Assets falls into.



Royal Energy Resources 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.

Royal Energy Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Liabilities-to-Assets (A: Dec. 2018 )=Total Liabilities/Total Assets
=133.982/255.959
=0.52

Royal Energy Resources's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2019 is calculated as

Liabilities-to-Assets (Q: Sep. 2019 )=Total Liabilities/Total Assets
=163.9/236.19
=0.69

* 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.


Royal Energy Resources  (OTCPK:ROYE) 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.


Royal Energy Resources Liabilities-to-Assets Related Terms

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Royal Energy Resources (Royal Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
56 Broad Street, Suite 2, Charleston, SC, USA, 29401
Royal Energy Resources Inc is engaged in the acquisition of coal, gas and renewable energy assets.
Executives
William L Tuorto director, officer: Executive Chairman 56 BROAD STREET SUITE 2 CHARLESTON SC 29412
Ronald Phillips officer: President DKR CAPITAL PARTNERS LP 1281 EAST MAIN STREET STAMFORD CT 06902
Brian Hughs director, officer: Vice President 203 SOUTH 3RD ST. CANANDIAN TX 79014
Ian Ganzer officer: Chief Operating Officer 304 WAITMAN ST MORGANTOWN WV 26501

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