Purepoint Uranium Group (Purepoint Uranium Group) Equity-to-Asset : 0.93 (As of Dec. 2023)

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What is Purepoint Uranium Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Purepoint Uranium Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.09 Mil. Purepoint Uranium Group's Total Assets for the quarter that ended in Dec. 2023 was $3.33 Mil.

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

PTUUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.84 Max: 0.98
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of Purepoint Uranium Group was 0.98. The lowest was 0.59. And the median was 0.84.

PTUUF's Equity-to-Asset is ranked better than
85.08% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.59 vs PTUUF: 0.93

Purepoint Uranium Group Equity-to-Asset Historical Data

The historical data trend for Purepoint Uranium Group'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.

Purepoint Uranium Group Equity-to-Asset Chart

Purepoint Uranium Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.59

0.81

0.86

0.98

0.93

Purepoint Uranium Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.90	0.98	0.76	0.88	0.93

Competitive Comparison of Purepoint Uranium Group's Equity-to-Asset

For the Uranium subindustry, Purepoint Uranium Group'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.

Purepoint Uranium Group's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Purepoint Uranium Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Purepoint Uranium Group's Equity-to-Asset falls into.

Purepoint Uranium Group 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.

Purepoint Uranium Group'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
	=	3.094	/	3.325
	=

Purepoint Uranium Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	3.094	/	3.325
	=

Purepoint Uranium Group (OTCPK:PTUUF) 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%.

Purepoint Uranium Group Equity-to-Asset Related Terms

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Purepoint Uranium Group (Purepoint Uranium Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Purepoint Uranium Group Inc (OTCPK:PTUUF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

P5X:Germany PTU:Canada

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

https://www.purepoint.ca

Purepoint Uranium Group Inc is a resource company engaged in the acquisition, exploration, and development of properties to produce uranium. Its mineral properties are all located in the Athabasca Basin, Northern Saskatchewan, Canada. The group's properties include Hook Lake, Red Willow, Turnor Lake, Henday Lake, Smart Lake, Tabbernor Block, and Umfreville Lake.