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Quantum Battery Metals Co (STU:23B) Equity-to-Asset : 0.81 (As of Jul. 2024)


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What is Quantum Battery Metals Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quantum Battery Metals Co's Total Stockholders Equity for the quarter that ended in Jul. 2024 was €5.09 Mil. Quantum Battery Metals Co's Total Assets for the quarter that ended in Jul. 2024 was €6.30 Mil.

The historical rank and industry rank for Quantum Battery Metals Co's Equity-to-Asset or its related term are showing as below:

STU:23B' s Equity-to-Asset Range Over the Past 10 Years
Min: -98.33   Med: 0.66   Max: 0.94
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of Quantum Battery Metals Co was 0.94. The lowest was -98.33. And the median was 0.66.

STU:23B's Equity-to-Asset is ranked better than
53.52% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs STU:23B: 0.81

Quantum Battery Metals Co Equity-to-Asset Historical Data

The historical data trend for Quantum Battery Metals Co'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.

Quantum Battery Metals Co Equity-to-Asset Chart

Quantum Battery Metals Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.75 -2.08 -1.41 0.48 0.77

Quantum Battery Metals Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.69 0.67 0.77 0.81 0.81

Competitive Comparison of Quantum Battery Metals Co's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Quantum Battery Metals Co'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.


Quantum Battery Metals Co's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quantum Battery Metals Co's Equity-to-Asset falls into.



Quantum Battery Metals Co 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.

Quantum Battery Metals Co's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=4.064/5.288
=

Quantum Battery Metals Co's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=5.086/6.297
=

* 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.


Quantum Battery Metals Co  (STU:23B) 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%.


Quantum Battery Metals Co Equity-to-Asset Related Terms

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


Quantum Battery Metals Co Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Quantum Battery Metals Co is a mineral exploration company in Canada. It is currently in the process of identifying, exploring, and developing mineral properties. The projects of the company include the Kelso Lithium Property, Nipissing Lorrain Cobalt Property, Kahuna Cobalt, Albanel Lithium Property, Property Rabbit Cobalt Property, Lac Mistumis Lithium Property, and Rose West Lithium Property.

Quantum Battery Metals Co Headlines

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