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Critical Resources (Critical Resources) Equity-to-Asset : 0.87 (As of Jun. 2023)


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What is Critical Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Critical Resources's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $15.12 Mil. Critical Resources's Total Assets for the quarter that ended in Jun. 2023 was $17.37 Mil.

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

CRRLF' s Equity-to-Asset Range Over the Past 10 Years
Min: -11.98   Med: 0.81   Max: 0.92
Current: 0.8

During the past 14 years, the highest Equity to Asset Ratio of Critical Resources was 0.92. The lowest was -11.98. And the median was 0.81.

CRRLF's Equity-to-Asset is ranked better than
50.11% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs CRRLF: 0.80

Critical Resources Equity-to-Asset Historical Data

The historical data trend for Critical 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.

Critical Resources Equity-to-Asset Chart

Critical Resources 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 -5.84 0.47 0.25 0.80 0.80

Critical Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.25 0.89 0.80 0.87 0.80

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

For the Other Industrial Metals & Mining subindustry, Critical 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.


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

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

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



Critical 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.

Critical 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
=16.177/20.341
=

Critical Resources'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
=15.115/17.365
=

* 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.


Critical Resources  (OTCPK:CRRLF) 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%.


Critical Resources Equity-to-Asset Related Terms

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


Critical Resources (Critical Resources) Business Description

Traded in Other Exchanges
Address
108 St Georges Terrace, Level 50, Perth, WA, AUS, 6000
Critical Resources Ltd is an exploration and project development company. It is advancing and developing critical metals projects for a decarbonised future. The company holds a suite of lithium prospects across Ontario, Canada, including the flagship Mavis Lake Lithium Project as well as Graphic Lake, Plaid and Whiteloon Lake. Its other projects include the Halls Peak Project in NSW, Australia, a high-quality base metals project with significant scale potential and the Block 4 and Block 5 copper project, located in Oman. The company's primary objective is the rapid development of its flagship Mavis Lake Lithium Project. Mavis Lake is an advanced exploration project with near-term development potential.

Critical Resources (Critical Resources) Headlines

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