STHFF (Stelmine Canada) Equity-to-Asset: 0.94 (As of Apr. 2024)

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What is Stelmine Canada Equity-to-Asset?

Stelmine Canada STHFF -90.00% Equity-to-Asset is 0.94 as of Apr. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stelmine Canada's Total Stockholders Equity for the quarter that ended in Apr. 2024 was $6.62 Mil. Stelmine Canada's Total Assets for the quarter that ended in Apr. 2024 was $7.07 Mil.

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

STHFF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.795
* Ranked among companies with meaningful Equity-to-Asset only.

Stelmine Canada  (OTCPK:STHFF) 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%.


Stelmine Canada Equity-to-Asset Related Terms


Stelmine Canada Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Stelmine Canada'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.

Stelmine Canada Equity-to-Asset Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.92 0.88 0.92

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.93 0.92 0.90 0.93 0.94

STHFF vs NRHI, ENRT, SNTAF: Equity-to-Asset Comparison

For the Other Industrial Metals & Mining subindustry, Stelmine Canada'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.


Stelmine Canada Equity-to-Asset vs Metals & Mining Industry

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

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



Stelmine Canada 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.

Stelmine Canada's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=6.862/7.499
=

Stelmine Canada's Equity to Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

Equity to Asset (Q: Apr. 2024 )=Total Stockholders Equity/Total Assets
=6.619/7.07
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.94 mean?
Stelmine Canada (STHFF) has a Equity-to-Asset of 0.94 as of Apr. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Stelmine Canada and its competitors.
Is Stelmine Canada's Equity-to-Asset too high?
Stelmine Canada's current Equity-to-Asset is 0.94. The Metals & Mining industry median Equity-to-Asset is 0.80. Stelmine Canada's value of 0.94 is 18.2% above this industry median.
How does Stelmine Canada's Equity-to-Asset compare to NRHI and ENRT?
Stelmine Canada's Equity-to-Asset of 0.94 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Stelmine Canada's value of 0.94 is 18.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,674 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Stelmine Canada's current Equity-to-Asset of 0.94 is 18.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Stelmine Canada and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stelmine Canada's current Equity-to-Asset is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (STHFF) has a current Equity-to-Asset of 0.94. The current Equity-to-Asset is 0.94 and 18.2% above the Metals & Mining industry median of 0.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Stelmine Canada (STHFF), the current Equity-to-Asset is 0.94 as of Apr. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.