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Arctic Star Exploration (STU:82A2) Equity-to-Asset : 0.92 (As of Dec. 2023)


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What is Arctic Star Exploration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Arctic Star Exploration's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5.61 Mil. Arctic Star Exploration's Total Assets for the quarter that ended in Dec. 2023 was €6.09 Mil.

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

STU:82A2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.85   Max: 0.96
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Arctic Star Exploration was 0.96. The lowest was 0.72. And the median was 0.85.

STU:82A2's Equity-to-Asset is ranked better than
69.75% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs STU:82A2: 0.92

Arctic Star Exploration Equity-to-Asset Historical Data

The historical data trend for Arctic Star Exploration'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.

Arctic Star Exploration Equity-to-Asset Chart

Arctic Star Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.81 0.86 0.96 0.92

Arctic Star Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.96 0.96 0.95 0.94 0.92

Competitive Comparison of Arctic Star Exploration's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Arctic Star Exploration'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.


Arctic Star Exploration's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Arctic Star Exploration's Equity-to-Asset falls into.



Arctic Star Exploration 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.

Arctic Star Exploration's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5.605/6.092
=

Arctic Star Exploration's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5.605/6.092
=

* 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.


Arctic Star Exploration  (STU:82A2) 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%.


Arctic Star Exploration Equity-to-Asset Related Terms

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


Arctic Star Exploration (STU:82A2) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Arctic Star Exploration Corp is a natural resource company engaged in the acquisition, exploration, and development of mineral properties. Some of the projects of the company are the Timantti diamond project, Diagras diamond project, Stein diamond project and others. It has one reportable operating segment which is mineral exploration It has a business presence in Canada and Finland.

Arctic Star Exploration (STU:82A2) Headlines

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