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Ubique Minerals (FRA:2UM) Equity-to-Asset : 0.72 (As of Apr. 2024)


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What is Ubique Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ubique Minerals's Total Stockholders Equity for the quarter that ended in Apr. 2024 was €1.15 Mil. Ubique Minerals's Total Assets for the quarter that ended in Apr. 2024 was €1.61 Mil.

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

FRA:2UM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.79   Max: 0.99
Current: 0.72

During the past 7 years, the highest Equity to Asset Ratio of Ubique Minerals was 0.99. The lowest was 0.16. And the median was 0.79.

FRA:2UM's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.78 vs FRA:2UM: 0.72

Ubique Minerals Equity-to-Asset Historical Data

The historical data trend for Ubique Minerals'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.

Ubique Minerals Equity-to-Asset Chart

Ubique Minerals Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial 0.91 0.72 0.94 0.87 0.70

Ubique Minerals Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.16 0.70 0.76 0.76 0.72

Competitive Comparison of Ubique Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Ubique Minerals'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.


Ubique Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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


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Ubique Minerals 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.

Ubique Minerals's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=1.081/1.542
=

Ubique Minerals's Equity to Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

Equity to Asset (Q: Apr. 2024 )=Total Stockholders Equity/Total Assets
=1.153/1.609
=

* 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.


Ubique Minerals  (FRA:2UM) 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%.


Ubique Minerals Equity-to-Asset Related Terms

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


Ubique Minerals Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
Ubique Minerals Ltd is engaged in the acquisition and evaluation of mineral exploration assets and it is in the exploration stage. The company is focused on the exploration of Daniel's Harbour zinc property in Newfoundland and Labrador, Namibia, Africa.

Ubique Minerals Headlines

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