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CanAlaska Uranium (TSXV:CVV) Equity-to-Asset : 0.83 (As of Jan. 2024)


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What is CanAlaska Uranium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CanAlaska Uranium's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$15.99 Mil. CanAlaska Uranium's Total Assets for the quarter that ended in Jan. 2024 was C$19.16 Mil.

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

TSXV:CVV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77   Med: 0.92   Max: 0.96
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of CanAlaska Uranium was 0.96. The lowest was 0.77. And the median was 0.92.

TSXV:CVV's Equity-to-Asset is ranked better than
54.1% of 2710 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:CVV: 0.83

CanAlaska Uranium Equity-to-Asset Historical Data

The historical data trend for CanAlaska Uranium'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.

CanAlaska Uranium Equity-to-Asset Chart

CanAlaska Uranium Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.94 0.96 0.87 0.79

CanAlaska Uranium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.79 0.82 0.83 0.83

Competitive Comparison of CanAlaska Uranium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, CanAlaska Uranium'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.


CanAlaska Uranium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



CanAlaska Uranium 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.

CanAlaska Uranium's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=12.077/15.386
=

CanAlaska Uranium's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=15.985/19.161
=

* 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.


CanAlaska Uranium  (TSXV:CVV) 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%.


CanAlaska Uranium Equity-to-Asset Related Terms

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


CanAlaska Uranium (TSXV:CVV) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
CanAlaska Uranium Ltd is engaged in the exploration of uranium, nickel, and diamond properties. Its project portfolio includes West McArthur, Cree East, NW Manitoba, Athabasca Diamond, Waterbury, Moon, Collins Bay Extension, Mouse Mountain Cu-Au, Patterson, McTavish, Key Lake, Thompson Nickel Belt, Kasmere, and Ruttan area Cu-Zn Project. The Company's operations comprise a single operating segment engaged in mineral exploration in Canada.
Executives
Cory Lane Belyk Director, Senior Officer