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InZinc Mining (InZinc Mining) Equity-to-Asset : 0.98 (As of Mar. 2024)


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What is InZinc Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. InZinc Mining's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2.13 Mil. InZinc Mining's Total Assets for the quarter that ended in Mar. 2024 was $2.17 Mil.

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

LTHIF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.87   Med: 0.98   Max: 1
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of InZinc Mining was 1.00. The lowest was 0.87. And the median was 0.98.

LTHIF's Equity-to-Asset is ranked better than
92.82% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs LTHIF: 0.98

InZinc Mining Equity-to-Asset Historical Data

The historical data trend for InZinc 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.

* Premium members only.

InZinc Mining Equity-to-Asset Chart

InZinc Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.95 0.98 0.98 0.98

InZinc Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.99 0.91 0.98 0.98

Competitive Comparison of InZinc Mining's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, InZinc 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.


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

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

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



InZinc Mining 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.

InZinc Mining'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
=2.318/2.355
=

InZinc Mining'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
=2.128/2.165
=

* 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.


InZinc Mining  (OTCPK:LTHIF) 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%.


InZinc Mining Equity-to-Asset Related Terms

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


InZinc Mining (InZinc Mining) Business Description

Traded in Other Exchanges
Address
Station Bentall Centre, P.O. Box 48268, Vancouver, BC, CAN, V7X 1A2
InZinc Mining Ltd is engaged in the acquisition, exploration, and development of mineral exploration and evaluation of direct and equity interest in multiple North American base metals projects in the United States and Canada. The exploration projects of the company include the West Desert property and Indy property.

InZinc Mining (InZinc Mining) Headlines

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