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Spark Energy Minerals (STU:8PC) Equity-to-Asset : 0.85 (As of Oct. 2024)


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What is Spark Energy Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spark Energy Minerals's Total Stockholders Equity for the quarter that ended in Oct. 2024 was €5.97 Mil. Spark Energy Minerals's Total Assets for the quarter that ended in Oct. 2024 was €7.02 Mil.

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

STU:8PC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.85   Med: 0.74   Max: 0.94
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of Spark Energy Minerals was 0.94. The lowest was -0.85. And the median was 0.74.

STU:8PC's Equity-to-Asset is ranked better than
59.65% of 2664 companies
in the Metals & Mining industry
Industry Median: 0.78 vs STU:8PC: 0.85

Spark Energy Minerals Equity-to-Asset Historical Data

The historical data trend for Spark Energy Minerals'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.

Spark Energy Minerals Equity-to-Asset Chart

Spark Energy Minerals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.84 0.15 0.81 0.79

Spark Energy Minerals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.88 0.89 0.90 0.79 0.85

Competitive Comparison of Spark Energy Minerals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Spark Energy Minerals'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.


Spark Energy Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Spark Energy Minerals's Equity-to-Asset falls into.



Spark Energy Minerals 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.

Spark Energy Minerals's Equity to Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Equity to Asset (A: Jul. 2024 )=Total Stockholders Equity/Total Assets
=3.606/4.585
=

Spark Energy Minerals's Equity to Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Equity to Asset (Q: Oct. 2024 )=Total Stockholders Equity/Total Assets
=5.969/7.017
=

* 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.


Spark Energy Minerals  (STU:8PC) 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%.


Spark Energy Minerals Equity-to-Asset Related Terms

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Spark Energy Minerals Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 704, Vancouver, BC, CAN, V6C 2T5
Spark Energy Minerals Inc is in the business of acquisition, exploration and evaluation of a mineral properties in Ontario, Quebec, and Brazil. Its projects include, Minas Gerais and Bahia Lithium Project, Goas Rare Earth Elements Project, Lithium Valley Lithium Project and Nova Energia Lithium Project.

Spark Energy Minerals Headlines

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