GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » GoviEx Uranium Inc (TSXV:GXU) » Definitions » Liabilities-to-Assets

GoviEx Uranium (TSXV:GXU) Liabilities-to-Assets : 0.02 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is GoviEx Uranium 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. GoviEx Uranium's Total Liabilities for the quarter that ended in Dec. 2023 was C$1.73 Mil. GoviEx Uranium's Total Assets for the quarter that ended in Dec. 2023 was C$108.39 Mil. Therefore, GoviEx Uranium's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.02.


GoviEx Uranium Liabilities-to-Assets Historical Data

The historical data trend for GoviEx Uranium'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.

GoviEx Uranium Liabilities-to-Assets Chart

GoviEx Uranium 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 0.04 0.07 0.09 0.02 0.02

GoviEx Uranium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.02 0.03 0.01 0.01 0.02

Competitive Comparison of GoviEx Uranium's Liabilities-to-Assets

For the Uranium subindustry, GoviEx Uranium'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.


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

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

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



GoviEx Uranium 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.

GoviEx Uranium'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
=1.725/108.393
=0.02

GoviEx Uranium'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
=1.725/108.393
=0.02

* 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.


GoviEx Uranium  (TSXV:GXU) 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.


GoviEx Uranium Liabilities-to-Assets Related Terms

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


GoviEx Uranium (TSXV:GXU) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
GoviEx Uranium Inc is a Canada-based company involved in the industrial metals and mining business sector. It is focused on the evaluation and development of uranium properties located in the Republic of Niger. The asset portfolio of the company includes uranium development projects, including the Madaouela project in Niger, the Mutanga project in Zambia, and Falea in Mali. The Company has one business segment, exploring mineral properties, with its primary project in Niger.
Executives
Robert Hanson Director

GoviEx Uranium (TSXV:GXU) Headlines

No Headlines