CleanTech Lithium (LSE:CTL) Equity-to-Asset : 0.96 (As of Jun. 2023)

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What is CleanTech Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CleanTech Lithium's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £15.24 Mil. CleanTech Lithium's Total Assets for the quarter that ended in Jun. 2023 was £15.91 Mil.

The historical rank and industry rank for CleanTech Lithium's Equity-to-Asset or its related term are showing as below:

LSE:CTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.96 Max: 0.97
Current: 0.96

During the past 3 years, the highest Equity to Asset Ratio of CleanTech Lithium was 0.97. The lowest was 0.12. And the median was 0.96.

LSE:CTL's Equity-to-Asset is ranked better than
82.61% of 2709 companies
in the Metals & Mining industry
Industry Median: 0.8 vs LSE:CTL: 0.96

CleanTech Lithium Equity-to-Asset Historical Data

The historical data trend for CleanTech Lithium's Equity-to-Asset 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.

CleanTech Lithium Equity-to-Asset Chart

CleanTech Lithium Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.12

0.87

0.97

CleanTech Lithium Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.87	0.96	0.97	0.96

Competitive Comparison of CleanTech Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, CleanTech Lithium's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

CleanTech Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CleanTech Lithium's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CleanTech Lithium's Equity-to-Asset falls into.

CleanTech Lithium Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

CleanTech Lithium's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	17.33	/	17.964
	=

CleanTech Lithium's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	15.241	/	15.914
	=

CleanTech Lithium (LSE:CTL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

CleanTech Lithium Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of CleanTech Lithium's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CleanTech Lithium (LSE:CTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CleanTech Lithium PLC (LSE:CTL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CTLHF:USA T2N:Germany

Address

7 Castle Street, De Carteret House, Saint Helier, JEY, JE2 3BT

Website

https://www.ctlithium.com

CleanTech Lithium PLC is focused on lithium exploration and development and has been progressing with two lithium projects in Chile, the Laguna Verde project and the Francisco Basin project. The Group holds mining exploration and mining exploitation licenses over the Projects which are prospective for lithium resources based on the lithium-enriched brine in the surface and sub-surface of the basins.

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