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Comstock (Comstock) Equity-to-Asset : 0.74 (As of Dec. 2023)


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What is Comstock Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Comstock's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $78.28 Mil. Comstock's Total Assets for the quarter that ended in Dec. 2023 was $106.47 Mil. Therefore, Comstock's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

LODE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.51   Max: 0.74
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Comstock was 0.74. The lowest was 0.33. And the median was 0.51.

LODE's Equity-to-Asset is ranked better than
83.18% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs LODE: 0.74

Comstock Equity-to-Asset Historical Data

The historical data trend for Comstock'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.

Comstock Equity-to-Asset Chart

Comstock 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 0.59 0.74 0.71 0.54 0.74

Comstock 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 0.54 0.49 0.46 0.70 0.74

Competitive Comparison of Comstock's Equity-to-Asset

For the Real Estate Services subindustry, Comstock'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.


Comstock's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Comstock's Equity-to-Asset distribution charts can be found below:

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



Comstock 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.

Comstock'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
=78.277/106.466
=0.74

Comstock'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
=78.277/106.466
=0.74

* 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.


Comstock  (AMEX:LODE) 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%.


Comstock Equity-to-Asset Related Terms

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


Comstock (Comstock) Business Description

Traded in Other Exchanges
Address
117 American Flat Road, Virginia City, NV, USA, 89440
Comstock Inc is engaged in technologies that efficiently use wasted and under-utilized natural resources to produce renewable energy and other products that contribute to balancing uses and emissions of carbon and enhance mineral and material discoveries. It has three operating segments; The renewable energy segment consists of technology and engineering services sales, licenses, royalties, demonstration plants and equipment, and research and development expenses, The mining segment consists of mining, mine development, metal processing, and environmental and reclamation operations, and The strategic and other investments segment includes all other activities, including investments in non-mining real estate and its equity method investments.
Executives
Leo M Drozdoff director 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
William Joseph Mccarthy officer: Chief Operating Officer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Mayaguez J Salinas director 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Kristin Slanina director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
David Winsness officer: Chief Technology Officer 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Kevin Kreisler officer: President P.O. BOX 284, MT. ARLINGTON NJ 07856
Rahul Bobbili officer: Chief Process Engineer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Marting Walter A. Jr director 11055 VINCENT LANE, RENO NV 89511
William John Nance director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Judd Merrill director 2425 CROOKED CANYON CT., RENO NV 89521
John Clark Gillam director PO BOX 1118,1800 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Giron Juan Carlos Jr. officer: CFO and President 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Degasperis Corrado F officer: CEO, Pres., PFO, CRO C/O COMSTOCK MINING INC., 117 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
Timothy Dwinell Smith officer: Chief Accounting Officer 1200 AMERICAN FLAT ROAD, VIRGINIA CITY NV 89440
John V Winfield director, 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025

Comstock (Comstock) Headlines

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