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NNOMF (Nano One Materials) Equity-to-Asset : 0.85 (As of Sep. 2024)


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What is Nano One Materials Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nano One Materials's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $19.87 Mil. Nano One Materials's Total Assets for the quarter that ended in Sep. 2024 was $23.42 Mil.

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

NNOMF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.41   Med: 0.93   Max: 0.99
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Nano One Materials was 0.99. The lowest was -0.41. And the median was 0.93.

NNOMF's Equity-to-Asset is ranked better than
89.38% of 1563 companies
in the Chemicals industry
Industry Median: 0.59 vs NNOMF: 0.85

Nano One Materials Equity-to-Asset Historical Data

The historical data trend for Nano One Materials'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.

Nano One Materials Equity-to-Asset Chart

Nano One Materials 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 0.64 0.93 0.97 0.95 0.90

Nano One Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.84 0.90 0.88 0.85 0.85

Competitive Comparison of Nano One Materials's Equity-to-Asset

For the Specialty Chemicals subindustry, Nano One Materials'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.


Nano One Materials's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nano One Materials's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nano One Materials's Equity-to-Asset falls into.



Nano One Materials 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.

Nano One Materials'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
=35.396/39.486
=

Nano One Materials's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=19.867/23.419
=

* 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.


Nano One Materials  (OTCPK:NNOMF) 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%.


Nano One Materials Equity-to-Asset Related Terms

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


Nano One Materials Business Description

Traded in Other Exchanges
Address
8575 Government Street, Unit 101B, Burnaby, BC, CAN, V3N 4V1
Nano One Materials Corp is a Canada-based company engaged in developing processing technology for the production of battery materials used in electric vehicles, energy storage, and consumer electronics. It is a technology company with a patented process for the low-cost production of cathode materials used in lithium-ion batteries.