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Core Lithium (Core Lithium) Equity-to-Asset : 0.38 (As of Dec. 2014)


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What is Core Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Core Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2014 was $1.19 Mil. Core Lithium's Total Assets for the quarter that ended in Dec. 2014 was $3.13 Mil.

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

CORX's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Core Lithium Equity-to-Asset Historical Data

The historical data trend for Core 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.

* Premium members only.

Core Lithium Equity-to-Asset Chart

Core Lithium Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
0.24 0.30 0.34 0.38

Core Lithium Quarterly Data
Mar11 Sep11 Dec11 Mar12 Sep12 Dec12 Mar13 Sep13 Dec13 Dec14
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.32 0.31 0.34 0.38

Competitive Comparison of Core Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Core 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.


Core Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Core Lithium 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.

Core Lithium's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=1.187/3.129
=0.38

Core Lithium's Equity to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Equity to Asset (Q: Dec. 2014 )=Total Stockholders Equity/Total Assets
=1.187/3.129
=

* 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.


Core Lithium  (GREY:CORX) 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%.


Core Lithium Equity-to-Asset Related Terms

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


Core Lithium (Core Lithium) Business Description

Traded in Other Exchanges
N/A
Address
250 East Fifth Street, 15th Floor, PMB No121, Cincinnati, OH, USA, 45202
Core Lithium Corp is a United States based development stage company. It is engaged in the business of exploration, mining, and development of prospective Lithium assets in North America.

Core Lithium (Core Lithium) Headlines

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