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Clean Air Metals (FRA:CKU) Equity-to-Asset : 0.90 (As of Jul. 2024)


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What is Clean Air Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clean Air Metals's Total Stockholders Equity for the quarter that ended in Jul. 2024 was €22.64 Mil. Clean Air Metals's Total Assets for the quarter that ended in Jul. 2024 was €25.30 Mil.

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

FRA:CKU' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: 0.9   Max: 0.96
Current: 0.9

During the past 6 years, the highest Equity to Asset Ratio of Clean Air Metals was 0.96. The lowest was -0.04. And the median was 0.90.

FRA:CKU's Equity-to-Asset is ranked better than
67.67% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs FRA:CKU: 0.90

Clean Air Metals Equity-to-Asset Historical Data

The historical data trend for Clean Air 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.

Clean Air Metals Equity-to-Asset Chart

Clean Air Metals Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial 0.65 0.86 0.89 0.92 0.91

Clean Air Metals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.92 0.91 0.91 0.90 0.90

Competitive Comparison of Clean Air Metals's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Clean Air 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.


Clean Air Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Clean Air 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.

Clean Air Metals's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=24.433/26.812
=

Clean Air Metals's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=22.642/25.303
=

* 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.


Clean Air Metals  (FRA:CKU) 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%.


Clean Air Metals Equity-to-Asset Related Terms

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


Clean Air Metals Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4
Clean Air Metals Inc is engaged in mineral exploration and evaluation. The projects of the company include Thunder Bay North Property, Located approximately 50km northeast of the city of Thunder Bay, within the Thunder Bay Mining Division, in Ontario, Canada, and Triple Flag Net Smelter Royalty.

Clean Air Metals Headlines

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