Fulcrum Metals (LSE:FMET) Equity-to-Asset : 0.76 (As of Jun. 2024)

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What is Fulcrum Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fulcrum Metals's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £3.17 Mil. Fulcrum Metals's Total Assets for the quarter that ended in Jun. 2024 was £4.19 Mil.

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

LSE:FMET' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.64 Max: 0.88
Current: 0.76

During the past 5 years, the highest Equity to Asset Ratio of Fulcrum Metals was 0.88. The lowest was 0.41. And the median was 0.64.

LSE:FMET's Equity-to-Asset is ranked worse than
51.48% of 2667 companies
in the Metals & Mining industry
Industry Median: 0.78 vs LSE:FMET: 0.76

Fulcrum Metals Equity-to-Asset Historical Data

The historical data trend for Fulcrum 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.

Fulcrum Metals Equity-to-Asset Chart

Fulcrum Metals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.64

0.41

0.81

Fulcrum Metals Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Sep23	Jun24
Equity-to-Asset	Get a 7-Day Free Trial			0.64	0.45	0.41	0.88	0.76

Competitive Comparison of Fulcrum Metals's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Fulcrum 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.

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

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

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

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Fulcrum 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.

Fulcrum Metals'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
	=	3.681	/	4.549
	=

Fulcrum Metals's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	3.169	/	4.194
	=

Fulcrum Metals (LSE:FMET) 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%.

Fulcrum Metals Equity-to-Asset Related Terms

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

Fulcrum Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fulcrum Metals Plc (LSE:FMET) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Isidore Road, Unit 58, Basepoint Business Centre, Bromsgrove Enterprise park, Bromsgrove, Worcestershire, GBR, B60 3ET

Website

https://www.fulcrummetals.com

Fulcrum Metals Plc is a multi-commodity minerals exploration company. Its project portfolio comprises of gold and base metal projects in Ontario, covering the Schreiber-Hemlo, Wawa, Winston Lake and Dayohessarah Greenstone Belts, and two uranium and gold projects in the Northern Athabasca Basin region of Saskatchewan.