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Nickel 28 Capital (STU:3JC) Equity-to-Asset : 0.61 (As of Jul. 2024)


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What is Nickel 28 Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nickel 28 Capital's Total Stockholders Equity for the quarter that ended in Jul. 2024 was €79.17 Mil. Nickel 28 Capital's Total Assets for the quarter that ended in Jul. 2024 was €130.84 Mil.

The historical rank and industry rank for Nickel 28 Capital's Equity-to-Asset or its related term are showing as below:

STU:3JC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.52   Max: 0.63
Current: 0.61

During the past 5 years, the highest Equity to Asset Ratio of Nickel 28 Capital was 0.63. The lowest was 0.35. And the median was 0.52.

STU:3JC's Equity-to-Asset is ranked worse than
63.43% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs STU:3JC: 0.61

Nickel 28 Capital Equity-to-Asset Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Equity-to-Asset Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23 Jan24
Equity-to-Asset
0.35 0.39 0.52 0.59 0.61

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 0.59 0.63 0.61 0.61 0.61

Competitive Comparison of Nickel 28 Capital's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.


Nickel 28 Capital's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Equity-to-Asset falls into.



Nickel 28 Capital 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.

Nickel 28 Capital'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
=79.498/130.115
=

Nickel 28 Capital'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
=79.174/130.836
=

* 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.


Nickel 28 Capital  (STU:3JC) 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%.


Nickel 28 Capital Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Nickel 28 Capital's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Nickel 28 Capital Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Toronto, ON, CAN, V6C 2X8
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, It manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Nickel 28 Capital Headlines

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