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First Tin (LSE:1SN) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is First Tin Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Tin's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £38.97 Mil. First Tin's Total Assets for the quarter that ended in Dec. 2023 was £40.50 Mil.

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

LSE:1SN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.96   Max: 0.99
Current: 0.96

During the past 5 years, the highest Equity to Asset Ratio of First Tin was 0.99. The lowest was 0.24. And the median was 0.96.

LSE:1SN's Equity-to-Asset is ranked better than
84.39% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs LSE:1SN: 0.96

First Tin Equity-to-Asset Historical Data

The historical data trend for First Tin'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.

First Tin Equity-to-Asset Chart

First Tin Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
0.39 0.24 0.37 0.96 0.96

First Tin Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.99 0.96 0.97 0.96

Competitive Comparison of First Tin's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, First Tin'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.


First Tin's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



First Tin 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.

First Tin's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=41.784/43.589
=

First Tin's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=38.967/40.495
=

* 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.


First Tin  (LSE:1SN) 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%.


First Tin Equity-to-Asset Related Terms

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


First Tin Business Description

Traded in Other Exchanges
Address
47-48 Piccadilly, First Floor, London, GBR, W1J 0DT
First Tin PLC is engaged in developing hard rock tin projects in Germany and Australia. The company aims to use this critical mineral in the electric vehicle, renewable energy, and semiconductor supply chain. The company's projects include the Tellerhauser Project, the Taronga Project, the Gottesberg Project, and others.

First Tin Headlines

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