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Intact Gold (TSXV:ITG.H) Equity-to-Asset : -0.07 (As of Dec. 2023)


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What is Intact Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Intact Gold's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.06 Mil. Intact Gold's Total Assets for the quarter that ended in Dec. 2023 was C$0.77 Mil.

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

TSXV:ITG.H' s Equity-to-Asset Range Over the Past 10 Years
Min: -25.56   Med: 0.68   Max: 0.97
Current: -0.07

During the past 13 years, the highest Equity to Asset Ratio of Intact Gold was 0.97. The lowest was -25.56. And the median was 0.68.

TSXV:ITG.H's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.79 vs TSXV:ITG.H: -0.07

Intact Gold Equity-to-Asset Historical Data

The historical data trend for Intact Gold'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.

Intact Gold Equity-to-Asset Chart

Intact Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.66 0.74 0.48 0.12

Intact Gold 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 0.28 0.12 0.05 -0.02 -0.07

Competitive Comparison of Intact Gold's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Intact Gold'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.


Intact Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Intact Gold 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.

Intact Gold's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=0.083/0.712
=

Intact Gold'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
=-0.057/0.773
=

* 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.


Intact Gold  (TSXV:ITG.H) 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%.


Intact Gold Equity-to-Asset Related Terms

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


Intact Gold (TSXV:ITG.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Intact Gold Corp is a mineral exploration company. The company engages in the acquisition and exploration of mining projects. Its exploration properties portfolio includes Belle terre Property located in Quebec, Canada; Gold Hill - Blackjack Property located in the Kenora Mining Division of Ontario; Little Phoenix Property located in British Columbia, Canada; and Lac Gueret South Property located in Quebec, Canada.

Intact Gold (TSXV:ITG.H) Headlines

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