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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. XTC Lithium's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$35.70 Mil. XTC Lithium's Total Assets for the quarter that ended in Jun. 2024 was A$40.72 Mil.
The historical rank and industry rank for XTC Lithium's Equity-to-Asset or its related term are showing as below:
ASX:XTC's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8 * Ranked among companies with meaningful Equity-to-Asset only.
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%.
XTC Lithium Equity-to-Asset Related Terms
XTC Lithium Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for XTC Lithium'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.
For the Other Industrial Metals & Mining subindustry, XTC Lithium'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.
XTC Lithium Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, XTC Lithium's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where XTC Lithium's Equity-to-Asset falls into.
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.
XTC Lithium's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
XTC Lithium (ASX:XTC) has a Equity-to-Asset of 0.88 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on XTC Lithium and its competitors.
Is XTC Lithium's Equity-to-Asset too high?
XTC Lithium's current Equity-to-Asset is 0.88. The Metals & Mining industry median Equity-to-Asset is 0.80. XTC Lithium's value of 0.88 is 10% above this industry median.
How does XTC Lithium's Equity-to-Asset compare to competitors?
XTC Lithium's Equity-to-Asset of 0.88 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. XTC Lithium's value of 0.88 is 10% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XTC Lithium's current Equity-to-Asset of 0.88 is 10% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on XTC Lithium and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XTC Lithium's current Equity-to-Asset is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTC Lithium stock overvalued right now?
XTC Lithium (ASX:XTC) has a current Equity-to-Asset of 0.88. The current Equity-to-Asset is 0.88 and 10% above the Metals & Mining industry median of 0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For XTC Lithium (ASX:XTC), the current Equity-to-Asset is 0.88 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
XTC Lithium Ltd is a mineral exploration company. The company operates various projects which include the Carachi Lithium Project, Southern Cross Project, WA, and South Korean Assets. The Carachi project is located proximal to lithium brine explorer and developer, Lake Resources and are high in prospective for lithium.
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