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European Energy Metals (HAM:W28) Equity-to-Asset : 0.90 (As of May. 2023)


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What is European Energy Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. European Energy Metals's Total Stockholders Equity for the quarter that ended in May. 2023 was €0.92 Mil. European Energy Metals's Total Assets for the quarter that ended in May. 2023 was €1.03 Mil.

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

HAM:W28' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.9   Max: 0.9
Current: 0.9

During the past 3 years, the highest Equity to Asset Ratio of European Energy Metals was 0.90. The lowest was 0.90. And the median was 0.90.

HAM:W28's Equity-to-Asset is ranked better than
65.66% of 2717 companies
in the Metals & Mining industry
Industry Median: 0.79 vs HAM:W28: 0.90

European Energy Metals Equity-to-Asset Historical Data

The historical data trend for European Energy 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.

European Energy Metals Equity-to-Asset Chart

European Energy Metals Annual Data
Trend May21 May22 May23
Equity-to-Asset
- 0.90 0.90

European Energy Metals Semi-Annual Data
May21 May22 May23
Equity-to-Asset - 0.90 0.90

Competitive Comparison of European Energy Metals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, European Energy 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.


European Energy Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



European Energy 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.

European Energy Metals's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=0.92/1.028
=

European Energy Metals's Equity to Asset Ratio for the quarter that ended in May. 2023 is calculated as

Equity to Asset (Q: May. 2023 )=Total Stockholders Equity/Total Assets
=0.92/1.028
=

* 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.


European Energy Metals  (HAM:W28) 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%.


European Energy Metals Equity-to-Asset Related Terms

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


European Energy Metals (HAM:W28) Business Description

Traded in Other Exchanges
Address
905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
European Energy Metals Corp is a junior mining company focused on the electrification and decarbonization process through the exploration and development of its portfolio of five lithium and rare-earth element projects in Finland covering over 2,300 square kilometers. The Company is also working on the Champ precious metal property near Castlegar, British Columbia.

European Energy Metals (HAM:W28) Headlines

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