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IberAmerican Lithium (FRA:W2C) Equity-to-Asset : 0.76 (As of Mar. 2024)


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What is IberAmerican Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IberAmerican Lithium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1.70 Mil. IberAmerican Lithium's Total Assets for the quarter that ended in Mar. 2024 was €2.24 Mil.

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

FRA:W2C' s Equity-to-Asset Range Over the Past 10 Years
Min: -32   Med: -2.37   Max: 0.95
Current: 0.76

During the past 3 years, the highest Equity to Asset Ratio of IberAmerican Lithium was 0.95. The lowest was -32.00. And the median was -2.37.

FRA:W2C's Equity-to-Asset is ranked worse than
52.61% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs FRA:W2C: 0.76

IberAmerican Lithium Equity-to-Asset Historical Data

The historical data trend for IberAmerican Lithium'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.

IberAmerican Lithium Equity-to-Asset Chart

IberAmerican Lithium Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
-22.00 -2.37 0.88

IberAmerican Lithium Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial -2.37 -40.00 0.95 0.88 0.76

Competitive Comparison of IberAmerican Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, IberAmerican Lithium'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.


IberAmerican Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



IberAmerican Lithium 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.

IberAmerican Lithium'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
=2.61/2.97
=

IberAmerican Lithium's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1.697/2.237
=

* 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.


IberAmerican Lithium  (FRA:W2C) 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%.


IberAmerican Lithium Equity-to-Asset Related Terms

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


IberAmerican Lithium (FRA:W2C) Business Description

Traded in Other Exchanges
Address
3400 – 22 Adelaide S. W, Toronto, ON, CAN, M5H 4E3
IberAmerican Lithium Corp is engaged in the acquisition and exploration of mineral resource properties in Spain, namely its lithium exploration project beneficially owned and controlled by its subsidiary.

IberAmerican Lithium (FRA:W2C) Headlines

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