GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Champion Electric Metals Inc (FRA:1QB0) » Definitions » Equity-to-Asset

Champion Electric Metals (FRA:1QB0) Equity-to-Asset : 0.84 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Champion Electric Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Champion Electric Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €1.77 Mil. Champion Electric Metals's Total Assets for the quarter that ended in Dec. 2023 was €2.11 Mil.

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

FRA:1QB0' s Equity-to-Asset Range Over the Past 10 Years
Min: -7.75   Med: 0.62   Max: 0.84
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of Champion Electric Metals was 0.84. The lowest was -7.75. And the median was 0.62.

FRA:1QB0's Equity-to-Asset is ranked better than
55.99% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs FRA:1QB0: 0.84

Champion Electric Metals Equity-to-Asset Historical Data

The historical data trend for Champion Electric Metals'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.

Champion Electric Metals Equity-to-Asset Chart

Champion Electric Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.59 0.70 -4.46 0.67 0.84

Champion Electric Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.38 0.67 0.83 0.78 0.84

Competitive Comparison of Champion Electric Metals's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Champion Electric Metals'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.


Champion Electric Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Champion Electric Metals's Equity-to-Asset falls into.



Champion Electric Metals 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.

Champion Electric Metals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.774/2.111
=

Champion Electric Metals's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.774/2.111
=

* 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.


Champion Electric Metals  (FRA:1QB0) 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%.


Champion Electric Metals Equity-to-Asset Related Terms

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


Champion Electric Metals (FRA:1QB0) Business Description

Traded in Other Exchanges
Address
401 Bay Street, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Champion Electric Metals Inc is a discovery-focused exploration company that is committed to advancing its prospective lithium properties in Quebec, Canada, and cobalt properties in Idaho, United States. In addition, the Company owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco.

Champion Electric Metals (FRA:1QB0) Headlines

No Headlines