CCOB (Century Cobalt) Equity-to-Asset: -299.50 (As of Aug. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Century Cobalt Equity-to-Asset?

Century Cobalt CCOB Equity-to-Asset is -299.50 as of Aug. 2022.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Century Cobalt's Total Stockholders Equity for the quarter that ended in Aug. 2022 was $-1.80 Mil. Century Cobalt's Total Assets for the quarter that ended in Aug. 2022 was $0.01 Mil.

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

CCOB'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.

Century Cobalt  (OTCPK:CCOB) 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%.

Century Cobalt Equity-to-Asset Related Terms

Century Cobalt Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Century Cobalt'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.

Century Cobalt Equity-to-Asset Chart

Century Cobalt Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -516.00 -2.43 -1.85 -3.05 -9.63

Century Cobalt Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 -3.55 -9.63 0.00 -18.09 -299.50

CCOB vs LBSR, BOXS, BONZ: Equity-to-Asset Comparison

For the Other Industrial Metals & Mining subindustry, Century Cobalt'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.

Century Cobalt Equity-to-Asset vs Metals & Mining Industry

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

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


Century Cobalt 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.

Century Cobalt's Equity to Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

Equity to Asset (A: Nov. 2021 )=Total Stockholders Equity/Total Assets
=-1.531/0.159
=

Century Cobalt's Equity to Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

Equity to Asset (Q: Aug. 2022 )=Total Stockholders Equity/Total Assets
=-1.797/0.006
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -299.50 mean?
Century Cobalt (CCOB) has a Equity-to-Asset of -299.50 as of Aug. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Century Cobalt and its competitors.
Is Century Cobalt's Equity-to-Asset too high?
Century Cobalt's current Equity-to-Asset is -299.50.
How does Century Cobalt's Equity-to-Asset compare to LBSR and BOXS?
Century Cobalt's Equity-to-Asset of -299.50 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. 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 2,671 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. 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 Century Cobalt 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. Century Cobalt's current Equity-to-Asset is -299.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Cobalt stock overvalued right now?
Century Cobalt (CCOB) has a current Equity-to-Asset of -299.50. The current Equity-to-Asset is -299.50. 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 Century Cobalt (CCOB), the current Equity-to-Asset is -299.50 as of Aug. 2022. 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.

Century Cobalt Business Description

Address 10100 Santa Monica Boulevard, Suite 300, Century City, Los Angeles, CA, USA, 90067
Century Cobalt Corp is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties for the purposes of discovering economical cobalt assets.