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92 Energy (ASX:92E) Liabilities-to-Assets : 0.14 (As of Dec. 2023)


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What is 92 Energy 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. 92 Energy's Total Liabilities for the quarter that ended in Dec. 2023 was A$1.02 Mil. 92 Energy's Total Assets for the quarter that ended in Dec. 2023 was A$7.17 Mil. Therefore, 92 Energy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.14.


92 Energy Liabilities-to-Assets Historical Data

The historical data trend for 92 Energy'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.

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92 Energy Liabilities-to-Assets Chart

92 Energy Annual Data
Trend Jun21 Jun22 Jun23
Liabilities-to-Assets
0.04 0.23 0.05

92 Energy Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 0.02 0.23 0.10 0.05 0.14

Competitive Comparison of 92 Energy's Liabilities-to-Assets

For the Uranium subindustry, 92 Energy'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.


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

For the Other Energy Sources industry and Energy sector, 92 Energy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where 92 Energy's Liabilities-to-Assets falls into.



92 Energy 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.

92 Energy'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
=0.267/5.492
=0.05

92 Energy'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
=1.021/7.169
=0.14

* 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.


92 Energy  (ASX:92E) 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.


92 Energy Liabilities-to-Assets Related Terms

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92 Energy (ASX:92E) Business Description

Traded in Other Exchanges
Address
16 Milligan Street, Level 3, the Read Buildings, Perth, WA, AUS, 6000
92 Energy Ltd is a uranium exploration company exploring high-grade unconformity type uranium in the Athabasca Basin, Saskatchewan, Canada.

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