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Ameriwest Lithium (XCNQ:AWLI) Liabilities-to-Assets : 0.08 (As of Jan. 2024)


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What is Ameriwest Lithium 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. Ameriwest Lithium's Total Liabilities for the quarter that ended in Jan. 2024 was C$0.67 Mil. Ameriwest Lithium's Total Assets for the quarter that ended in Jan. 2024 was C$8.60 Mil. Therefore, Ameriwest Lithium's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.08.


Ameriwest Lithium Liabilities-to-Assets Historical Data

The historical data trend for Ameriwest Lithium'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.

Ameriwest Lithium Liabilities-to-Assets Chart

Ameriwest Lithium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Liabilities-to-Assets
0.40 1.07 0.16 0.15 0.18

Ameriwest Lithium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.15 0.18 0.02 0.04 0.08

Competitive Comparison of Ameriwest Lithium's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Ameriwest Lithium'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.


Ameriwest Lithium's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Ameriwest Lithium 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.

Ameriwest Lithium's Liabilities-to-Assets Ratio for the fiscal year that ended in Apr. 2023 is calculated as:

Liabilities-to-Assets (A: Apr. 2023 )=Total Liabilities/Total Assets
=1.46/8.103
=0.18

Ameriwest Lithium's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=0.672/8.6
=0.08

* 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.


Ameriwest Lithium  (XCNQ:AWLI) 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.


Ameriwest Lithium Liabilities-to-Assets Related Terms

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Ameriwest Lithium (XCNQ:AWLI) Business Description

Traded in Other Exchanges
Address
1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2
Ameriwest Lithium Inc is a junior mining company with a focus on identifying and evaluating mineral resource projects for further exploration and future development. The company portfolio includes Koster Dam Property, Canada; Thunderbird Property, Canada; Quet & Fire Property, Canada; ESN Property, USA; Deer Musk East Property, USA; Railroad Valley Property, USA; Edwards Creek Valley Property, USA and Thompson Valley Property, USA. The company operates in one reportable operating segment, the acquisition, exploration, and development of mineral properties. It operates in Canada and the United States.
Executives
Zygmunt Stanislaw Hancyk Director

Ameriwest Lithium (XCNQ:AWLI) Headlines

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