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Cantex Mine DevelopmentCTXDF +0.96%22 Equity-to-Asset is 0.49 as of Apr. 2026, which is 26% above its 10-year median of 0.39. GuruFocus rates CTXDF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 2,668 Metals & Mining companies, Cantex Mine Development ranks worse than 72.56% on this metric.
The historical rank and industry rank for Cantex Mine Development's Equity-to-Asset or its related term are showing as below:
CTXDF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -53.5 Med: 0.39 Max: 0.91
Current: 0.49
During the past 13 years, the highest Equity to Asset Ratio of Cantex Mine Development was 0.91. The lowest was -53.50. And the median was 0.39.
CTXDF's Equity-to-Asset is ranked worse than 72.56% of 2668
companies
in the Metals & Mining industry
Industry Median: 0.8
vs CTXDF: 0.49
Cantex Mine Development (OTCPK:CTXDF) 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%.
Cantex Mine Development Equity-to-Asset Related Terms
Cantex Mine Development Equity-to-Asset Historical Data
* 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.
Cantex Mine Development Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Cantex Mine Development'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.
Cantex Mine Development Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Cantex Mine Development's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cantex Mine Development's Equity-to-Asset falls into.
Cantex Mine Development 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.
Cantex Mine Development's Equity to Asset Ratio for the fiscal year that ended in Jul. 2025 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.
Cantex Mine Development (CTXDF) has a Equity-to-Asset of 0.49 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Cantex Mine Development and its competitors. This is 26% above median its historical median of 0.39. According to the industry distribution chart, Cantex Mine Development ranks #1936 out of 2668 companies in the Metals & Mining industry, placing it in the top 72.6%.
Is Cantex Mine Development's Equity-to-Asset too high?
Cantex Mine Development's current Equity-to-Asset of 0.49 is 26% above median its 10-year median of 0.39. The Metals & Mining industry median Equity-to-Asset is 0.80. Cantex Mine Development's value of 0.49 is 38.8% below this industry median. Based on the distribution chart, Cantex Mine Development ranks #1936 out of 2668 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Cantex Mine Development has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Cantex Mine Development's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Cantex Mine Development ranks #1936 out of 2668 companies for Equity-to-Asset. This places Cantex Mine Development in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Cantex Mine Development's value of 0.49 is 38.8% below this benchmark. While the company's 10-year median is 0.39 vs. the industry median of 0.80, Cantex Mine Development has consistently been below the industry average. 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 2,668 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. Cantex Mine Development's current Equity-to-Asset of 0.49 is 38.8% below 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 Cantex Mine Development 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. Cantex Mine Development's current Equity-to-Asset is 0.49, which is 26% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cantex Mine Development stock overvalued right now?
Cantex Mine Development (CTXDF) has a current Equity-to-Asset of 0.49. The current Equity-to-Asset is 0.49, which is 26% above median its 10-year median of 0.39 and 38.8% below the Metals & Mining industry median of 0.80. Cantex Mine Development's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Cantex Mine Development (CTXDF), the current Equity-to-Asset is 0.49 as of Apr. 2026. 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.
Cantex Mine Development Corp is engaged in the acquisition and exploration of mineral properties. Its principal project is located northeast of Mayo in the Yukon Territory, where the Company holds three claim blocks staked over prospective areas identified through a regional heavy mineral survey. The Company also has gold exploration projects in Nevada and an advanced gold project in the Republic of Yemen, which is currently under force majeure. it operates in a single mineral exploration segment with geographical presence in Canada, the United States, and Yemen.
22GF Score
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