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Power Nickel (STU:IVV) Equity-to-Asset : 0.65 (As of Jun. 2024)


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What is Power Nickel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Power Nickel's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €8.89 Mil. Power Nickel's Total Assets for the quarter that ended in Jun. 2024 was €13.63 Mil.

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

STU:IVV' s Equity-to-Asset Range Over the Past 10 Years
Min: -49.08   Med: -0.64   Max: 0.9
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Power Nickel was 0.90. The lowest was -49.08. And the median was -0.64.

STU:IVV's Equity-to-Asset is ranked worse than
62.57% of 2712 companies
in the Metals & Mining industry
Industry Median: 0.79 vs STU:IVV: 0.65

Power Nickel Equity-to-Asset Historical Data

The historical data trend for Power Nickel'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.

Power Nickel Equity-to-Asset Chart

Power Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.52 -2.62 -0.49 -0.41 -0.68

Power Nickel Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -3.78 -0.68 -2.87 0.65

Competitive Comparison of Power Nickel's Equity-to-Asset

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


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

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

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



Power Nickel 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.

Power Nickel'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
=-1.74/2.552
=

Power Nickel's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=8.89/13.632
=

* 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.


Power Nickel  (STU:IVV) 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%.


Power Nickel Equity-to-Asset Related Terms

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


Power Nickel Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1
Power Nickel Inc, operates as a resource exploration company. It is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. Its projects include Tierra de Oro, Zulema and Lynn, Parrsboro, and Bass River Properties, among others. It operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Chile.

Power Nickel Headlines

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