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POWMF (Power Metal Resources) Equity-to-Asset : 0.90 (As of Mar. 2024)


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What is Power Metal Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Power Metal Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $18.54 Mil. Power Metal Resources's Total Assets for the quarter that ended in Mar. 2024 was $20.60 Mil.

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

POWMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.97   Max: 1.09
Current: 0.9

During the past 12 years, the highest Equity to Asset Ratio of Power Metal Resources was 1.09. The lowest was 0.80. And the median was 0.97.

POWMF's Equity-to-Asset is ranked better than
67.67% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs POWMF: 0.90

Power Metal Resources Equity-to-Asset Historical Data

The historical data trend for Power Metal Resources'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.

Power Metal Resources Equity-to-Asset Chart

Power Metal Resources Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.09 1.00 1.00 0.80

Power Metal Resources Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 0.90 0.80 0.83 0.88 0.90

Competitive Comparison of Power Metal Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Power Metal Resources'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.


Power Metal Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Power Metal Resources's Equity-to-Asset falls into.



Power Metal Resources 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.

Power Metal Resources's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=13.241/16.542
=0.80

Power Metal Resources'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
=18.537/20.602
=

* 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.


Power Metal Resources  (OTCPK:POWMF) 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%.


Power Metal Resources Equity-to-Asset Related Terms

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


Power Metal Resources Business Description

Traded in Other Exchanges
Address
3 -7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT
Power Metal Resources PLC is an exploration company and development company based in United Kingdom. It is engaged in the exploration of mineral resources and exploration. The Group is involved in the exploration and exploitation of mineral resources in Africa, Australia, Canada, US and Others.

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