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Colibri Resource (TSXV:CBI) Liabilities-to-Assets : 0.39 (As of Mar. 2024)


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What is Colibri Resource 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. Colibri Resource's Total Liabilities for the quarter that ended in Mar. 2024 was C$2.55 Mil. Colibri Resource's Total Assets for the quarter that ended in Mar. 2024 was C$6.53 Mil. Therefore, Colibri Resource's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.39.


Colibri Resource Liabilities-to-Assets Historical Data

The historical data trend for Colibri Resource'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.

Colibri Resource Liabilities-to-Assets Chart

Colibri Resource Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.82 0.64 0.63 0.35

Colibri Resource Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.35 0.35 0.29 0.36 0.39

Competitive Comparison of Colibri Resource's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Colibri Resource'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.


Colibri Resource's Liabilities-to-Assets Distribution in the Metals & Mining Industry

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

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



Colibri Resource 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.

Colibri Resource's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=2.045/5.913
=0.35

Colibri Resource's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2.552/6.531
=0.39

* 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.


Colibri Resource  (TSXV:CBI) 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.


Colibri Resource Liabilities-to-Assets Related Terms

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Colibri Resource (TSXV:CBI) Business Description

Traded in Other Exchanges
Address
105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2
Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.
Executives
Ian Mcgavney Senior Officer

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