GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Imperial Metals Corp (TSX:III) » Definitions » Liabilities-to-Assets

Imperial Metals (TSX:III) Liabilities-to-Assets : 0.50 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Imperial Metals 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. Imperial Metals's Total Liabilities for the quarter that ended in Mar. 2024 was C$719.4 Mil. Imperial Metals's Total Assets for the quarter that ended in Mar. 2024 was C$1,426.8 Mil. Therefore, Imperial Metals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.50.


Imperial Metals Liabilities-to-Assets Historical Data

The historical data trend for Imperial Metals'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.

Imperial Metals Liabilities-to-Assets Chart

Imperial Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.33 0.36 0.43 0.49

Imperial Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.45 0.48 0.47 0.49 0.50

Competitive Comparison of Imperial Metals's Liabilities-to-Assets

For the Copper subindustry, Imperial Metals'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.


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

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

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



Imperial Metals 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.

Imperial Metals's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=695.759/1411.99
=0.49

Imperial Metals'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
=719.411/1426.794
=0.50

* 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.


Imperial Metals  (TSX:III) 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.


Imperial Metals Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Imperial Metals's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Imperial Metals (TSX:III) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 200, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia. It explores copper, gold, silver, and other minerals in which copper is the company's principal product.
Executives
L.l.c. Fairholme Capital Management 10% Security Holder