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Nicola MiningHUSIF 26 Equity-to-Asset is 0.30 as of Jun. 2026. GuruFocus rates HUSIF with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 2,672 Metals & Mining companies, Nicola Mining ranks worse than 83.31% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nicola Mining's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $4.83 Mil. Nicola Mining's Total Assets for the quarter that ended in Jun. 2026 was $16.20 Mil.
Therefore, Nicola Mining's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.30.
The historical rank and industry rank for Nicola Mining's Equity-to-Asset or its related term are showing as below:
HUSIF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.92 Med: -0.04 Max: 0.3
Current: 0.3
During the past 13 years, the highest Equity to Asset Ratio of Nicola Mining was 0.30. The lowest was -0.92. And the median was -0.04.
HUSIF's Equity-to-Asset is ranked worse than 83.31% of 2672
companies
in the Metals & Mining industry
Industry Median: 0.8
vs HUSIF: 0.30
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%.
Nicola Mining Equity-to-Asset Related Terms
Nicola Mining Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nicola Mining'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.
For the Other Industrial Metals & Mining subindustry, Nicola Mining'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.
Nicola Mining Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nicola Mining's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nicola Mining's Equity-to-Asset falls into.
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.
Nicola Mining's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Nicola Mining (HUSIF) has a Equity-to-Asset of 0.30 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nicola Mining and its competitors. According to the industry distribution chart, Nicola Mining ranks #2226 out of 2672 companies in the Metals & Mining industry, placing it in the top 83.3%.
Is Nicola Mining's Equity-to-Asset too high?
Nicola Mining's current Equity-to-Asset is 0.30. The Metals & Mining industry median Equity-to-Asset is 0.80. Nicola Mining's value of 0.30 is 62.5% below this industry median. Based on the distribution chart, Nicola Mining ranks #2226 out of 2672 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nicola Mining has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Nicola Mining's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Nicola Mining ranks #2226 out of 2672 companies for Equity-to-Asset. This places Nicola Mining in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Nicola Mining's value of 0.30 is 62.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,672 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nicola Mining's current Equity-to-Asset of 0.30 is 62.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nicola Mining and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nicola Mining's current Equity-to-Asset is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicola Mining stock overvalued right now?
Nicola Mining (HUSIF) has a current Equity-to-Asset of 0.30. The current Equity-to-Asset is 0.30 and 62.5% below the Metals & Mining industry median of 0.80. Nicola Mining's overall GF Score™ is 26/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nicola Mining (HUSIF), the current Equity-to-Asset is 0.30 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nicola Mining Inc is a junior exploration and custom milling company that is engaged in the business of identification, acquisition, and exploration of mineral property interests, together with custom milling partnerships at its Merritt Mill. The company holds interests in various claims at the following properties: the Treasure Mountain Property, New Craigmont Property, and Dominion Creek Property. Its portfolio of producing assets and development projects is mainly composed of copper, gold, and silver properties spread across British Columbia, Canada.
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