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Lithium Exploration Group (Lithium Exploration Group) Liabilities-to-Assets : 6.33 (As of Mar. 2018)


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What is Lithium Exploration Group 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. Lithium Exploration Group's Total Liabilities for the quarter that ended in Mar. 2018 was $6.03 Mil. Lithium Exploration Group's Total Assets for the quarter that ended in Mar. 2018 was $0.95 Mil. Therefore, Lithium Exploration Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2018 was 6.33.


Lithium Exploration Group Liabilities-to-Assets Historical Data

The historical data trend for Lithium Exploration Group'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.

Lithium Exploration Group Liabilities-to-Assets Chart

Lithium Exploration Group Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.84 3.22 22.36 52.54 8.34

Lithium Exploration Group Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 14.25 8.34 6.68 7.65 6.33

Competitive Comparison of Lithium Exploration Group's Liabilities-to-Assets

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


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

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

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



Lithium Exploration Group 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.

Lithium Exploration Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2017 is calculated as:

Liabilities-to-Assets (A: Jun. 2017 )=Total Liabilities/Total Assets
=6.989/0.838
=8.34

Lithium Exploration Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2018 is calculated as

Liabilities-to-Assets (Q: Mar. 2018 )=Total Liabilities/Total Assets
=6.027/0.952
=6.33

* 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.


Lithium Exploration Group  (GREY:LEXG) 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.


Lithium Exploration Group Liabilities-to-Assets Related Terms

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Lithium Exploration Group (Lithium Exploration Group) Business Description

Traded in Other Exchanges
N/A
Address
4635 South Lakeshore Drive, Suite 200, Tempe, AZ, USA, 85282
Lithium Exploration Group Inc is a U.S.-based exploration and development company. It is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. The company is testing its SonCav Technology for use in the oil and gas industry and the acquisition of oil and gas related assets in Western Canada and Southwest Louisiana. The SonCav technology uses a patented process to mechanically induce an ultrasonic cavitation to superheat fluid. It is focused solely on water and crude oil, but technology is expected to have many other commercial uses including mining, LNG, Ethanol, industrial and other chemical uses in the pharmaceutical industry.

Lithium Exploration Group (Lithium Exploration Group) Headlines