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International Frontier Resources (TSXV:IFR) Liabilities-to-Assets : 12.50 (As of Mar. 2024)


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What is International Frontier Resources 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. International Frontier Resources's Total Liabilities for the quarter that ended in Mar. 2024 was C$0.98 Mil. International Frontier Resources's Total Assets for the quarter that ended in Mar. 2024 was C$0.08 Mil. Therefore, International Frontier Resources's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 12.50.


International Frontier Resources Liabilities-to-Assets Historical Data

The historical data trend for International Frontier Resources'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.

International Frontier Resources Liabilities-to-Assets Chart

International Frontier Resources 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 0.12 0.29 0.38 10.79 7.61

International Frontier Resources 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 13.65 8.83 12.28 7.61 12.50

Competitive Comparison of International Frontier Resources's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, International Frontier Resources'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.


International Frontier Resources's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Frontier Resources's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where International Frontier Resources's Liabilities-to-Assets falls into.



International Frontier Resources 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.

International Frontier Resources'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
=0.746/0.098
=7.61

International Frontier Resources'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
=0.975/0.078
=12.50

* 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.


International Frontier Resources  (TSXV:IFR) 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.


International Frontier Resources Liabilities-to-Assets Related Terms

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International Frontier Resources (TSXV:IFR) Business Description

Traded in Other Exchanges
Address
396 11th Avenue S.W, Suite 1320, Calgary, AB, CAN, T2R 0C5
International Frontier Resources Corp is engaged in the exploration and development of oil and natural gas reserves. It acquires, develops, exploits, and produces oil and natural gas in Mexico, , Northwest Territories, Canada, Tecolutla Contract Mexico, and in northwest Montana in the United States. It operates in Canada and Mexico's geographical segments.
Executives
Andrew James Fisher Senior Officer

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