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Baselode Energy (TSXV:FIND) Liabilities-to-Assets : 0.15 (As of Mar. 2023)


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What is Baselode 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. Baselode Energy's Total Liabilities for the quarter that ended in Mar. 2023 was C$1.07 Mil. Baselode Energy's Total Assets for the quarter that ended in Mar. 2023 was C$7.24 Mil. Therefore, Baselode Energy's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 was 0.15.


Baselode Energy Liabilities-to-Assets Historical Data

The historical data trend for Baselode 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.

* Premium members only.

Baselode Energy Liabilities-to-Assets Chart

Baselode Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.06 0.09 0.01 0.18 0.19

Baselode Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
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 0.21 0.05 0.18 0.15 0.19

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

For the Uranium subindustry, Baselode 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.


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

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

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



Baselode 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.

Baselode Energy'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
=3.095/16.385
=0.19

Baselode Energy's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2023 is calculated as

Liabilities-to-Assets (Q: Mar. 2023 )=Total Liabilities/Total Assets
=1.065/7.243
=0.15

* 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.


Baselode Energy  (TSXV:FIND) 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.


Baselode Energy Liabilities-to-Assets Related Terms

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Baselode Energy (TSXV:FIND) Business Description

Traded in Other Exchanges
Address
55 University Avneue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Baselode Energy Corp is a uranium exploration company focused on discovering high-grade, basement-hosted, near-surface deposits in Canada's Athabasca Basin. Baselode is led by James Sykes, a uranium geologist who has contributed to the discovery of over 550 million pounds of uranium.
Executives
Alexander Stewart Director