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Montero Mining and Exploration (Montero Mining and Exploration) Equity-to-Asset : -0.64 (As of Sep. 2023)


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What is Montero Mining and Exploration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Montero Mining and Exploration's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.42 Mil. Montero Mining and Exploration's Total Assets for the quarter that ended in Sep. 2023 was $0.66 Mil.

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

MXTRF' s Equity-to-Asset Range Over the Past 10 Years
Min: -5.61   Med: 0.4   Max: 0.96
Current: -0.64

During the past 13 years, the highest Equity to Asset Ratio of Montero Mining and Exploration was 0.96. The lowest was -5.61. And the median was 0.40.

MXTRF's Equity-to-Asset is ranked worse than
92.49% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs MXTRF: -0.64

Montero Mining and Exploration Equity-to-Asset Historical Data

The historical data trend for Montero Mining and Exploration'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.

Montero Mining and Exploration Equity-to-Asset Chart

Montero Mining and Exploration Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 -5.62 0.80 0.43 -0.27

Montero Mining and Exploration Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.09 -0.27 -0.46 -0.53 -0.64

Competitive Comparison of Montero Mining and Exploration's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Montero Mining and Exploration'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.


Montero Mining and Exploration's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Montero Mining and Exploration 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.

Montero Mining and Exploration'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
=-0.119/0.44
=

Montero Mining and Exploration's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-0.424/0.663
=

* 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.


Montero Mining and Exploration  (OTCPK:MXTRF) 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%.


Montero Mining and Exploration Equity-to-Asset Related Terms

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Montero Mining and Exploration (Montero Mining and Exploration) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Montero Mining and Exploration Ltd is a Canada-based mineral exploration and development company. Principally, it is engaged in the identification, acquisition, evaluation, and exploration of mineral properties. The company's projects include Isabella Gold-Silver Project and Avispa Copper Molybdenum Project. Its reportable geographic segments are located in Canada, Namibia and Chile.