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Fathom Nickel (Fathom Nickel) Equity-to-Asset : 0.91 (As of Sep. 2023)


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What is Fathom Nickel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fathom Nickel's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $10.94 Mil. Fathom Nickel's Total Assets for the quarter that ended in Sep. 2023 was $12.02 Mil.

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

FNICF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.92   Max: 0.98
Current: 0.91

During the past 3 years, the highest Equity to Asset Ratio of Fathom Nickel was 0.98. The lowest was 0.28. And the median was 0.92.

FNICF's Equity-to-Asset is ranked better than
67.91% of 2717 companies
in the Metals & Mining industry
Industry Median: 0.79 vs FNICF: 0.91

Fathom Nickel Equity-to-Asset Historical Data

The historical data trend for Fathom Nickel'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.

Fathom Nickel Equity-to-Asset Chart

Fathom Nickel Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
0.98 0.90 0.95

Fathom Nickel Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.96 0.95 0.95 0.91

Competitive Comparison of Fathom Nickel's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Fathom Nickel'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.


Fathom Nickel's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Fathom Nickel 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.

Fathom Nickel's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=9.94/10.428
=

Fathom Nickel's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=10.939/12.015
=

* 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.


Fathom Nickel  (OTCPK:FNICF) 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%.


Fathom Nickel Equity-to-Asset Related Terms

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


Fathom Nickel (Fathom Nickel) Business Description

Traded in Other Exchanges
Address
521 3rd Avenue SW, Suite 730, Calgary, AB, CAN, T2P3T3
Fathom Nickel Inc is a resource development and exploration company that is targeting high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle market.

Fathom Nickel (Fathom Nickel) Headlines