Ascendant Resources Inc

OTCQB:ASDRF USA Other Industrial Metals & Mining
Market Cap
$7.47 Million
Market Cap Rank
#30605 Global
#10082 in USA
Share Price
$0.04
Change (1 day)
+0.00%
52-Week Range
$0.04 - $0.04
All Time High
$1.26
About

Ascendant Resources Inc. explores and develops mineral properties in Portugal. The company explores for silver, gold, zinc, copper, lead, and tin. It holds 80% interest in the Lagoa Salgada volcanogenic massive sulphide project covering an an area of 7,209 hectares located on the Iberian Pyrite Belt in Portugal. The company was formerly known as Morumbi Resources Inc. and changed its name to Asce… Read more

Ascendant Resources Inc (ASDRF) - Total Liabilities

Latest total liabilities as of December 2024: $32.84 Million USD

Based on the latest financial reports, Ascendant Resources Inc (ASDRF) has total liabilities worth $32.84 Million USD as of December 2024.

Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Ascendant Resources Inc - Total Liabilities Trend (2014–2024)

This chart illustrates how Ascendant Resources Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Ascendant Resources Inc Competitors by Total Liabilities

The table below lists competitors of Ascendant Resources Inc ranked by their total liabilities.

Company Country Total Liabilities
Althea Group Holdings Ltd
AU:AGH
Australia AU$21.06 Million
Dynasty Gold Corp
PINK:DGDCF
USA $542.41K
Bartronics India Limited
NSE:ASMS
India ₹50.40 Million
Precision Biosensor Inc.
KQ:335810
Korea ₩28.93 Billion
Bluelinea SA
PA:ALBLU
France €8.79 Million
Electric Power Technology Limited
TWO:4529
Taiwan NT$19.61 Million
ALFOT Technologies Co., Ltd.
TWO:4553
Taiwan NT$882.13 Million

Liability Composition Analysis (2014–2024)

This chart breaks down Ascendant Resources Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 0.08 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity -1.68 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 1.96 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Ascendant Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Ascendant Resources Inc (2014–2024)

The table below shows the annual total liabilities of Ascendant Resources Inc from 2014 to 2024.

Year Total Liabilities Change
2024-12-31 $32.84 Million +4.93%
2023-12-31 $31.29 Million +78.10%
2022-12-31 $17.57 Million +333.74%
2021-12-31 $4.05 Million +141.85%
2020-12-31 $1.68 Million -97.19%
2019-12-31 $59.50 Million +40.18%
2018-12-31 $42.45 Million +18.81%
2017-12-31 $35.73 Million +27.75%
2016-12-31 $27.97 Million +4005.34%
2016-07-31 $681.21K -23.56%
2015-12-31 $891.20K -39.96%
2014-12-31 $1.48 Million --