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Commander Resources (TSXV:CMD) Equity-to-Asset : 0.52 (As of Sep. 2023)


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What is Commander Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Commander Resources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$0.87 Mil. Commander Resources's Total Assets for the quarter that ended in Sep. 2023 was C$1.67 Mil.

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

TSXV:CMD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.97   Max: 1
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Commander Resources was 1.00. The lowest was 0.52. And the median was 0.97.

TSXV:CMD's Equity-to-Asset is ranked worse than
70.71% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:CMD: 0.52

Commander Resources Equity-to-Asset Historical Data

The historical data trend for Commander Resources'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.

Commander Resources Equity-to-Asset Chart

Commander Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.95 0.93 0.92 0.66

Commander Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.77 0.66 0.68 0.76 0.52

Competitive Comparison of Commander Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Commander Resources'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.


Commander Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Commander Resources 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.

Commander Resources'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
=0.639/0.975
=

Commander Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=0.871/1.67
=

* 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.


Commander Resources  (TSXV:CMD) 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%.


Commander Resources Equity-to-Asset Related Terms

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


Commander Resources (TSXV:CMD) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, 11th Floor, Vancouver, BC, CAN, V6E 3V6
Commander Resources Ltd is an exploration stage company. The business activity of the group involves the acquisition and exploration of mineral properties in Canada and Mexico. It is engaged in employing new techniques in the search for precious and base metals. The company holds an interest in projects such as October Dome, Mt. Polley, Rebel, Flume, South Voisey's bay, and Pedro among others.
Executives
Brandon Macdonald Director