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Lithium ION Energy (STU:ZA4) Equity-to-Asset : 0.60 (As of Sep. 2024)


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What is Lithium ION Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lithium ION Energy's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €1.25 Mil. Lithium ION Energy's Total Assets for the quarter that ended in Sep. 2024 was €2.08 Mil.

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

STU:ZA4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.85   Max: 0.97
Current: 0.6

During the past 5 years, the highest Equity to Asset Ratio of Lithium ION Energy was 0.97. The lowest was 0.03. And the median was 0.85.

STU:ZA4's Equity-to-Asset is ranked worse than
64.05% of 2665 companies
in the Metals & Mining industry
Industry Median: 0.79 vs STU:ZA4: 0.60

Lithium ION Energy Equity-to-Asset Historical Data

The historical data trend for Lithium ION Energy'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.

Lithium ION Energy Equity-to-Asset Chart

Lithium ION Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.15 0.89 0.88 0.86 0.65

Lithium ION Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 0.65 0.63 0.63 0.60

Competitive Comparison of Lithium ION Energy's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Lithium ION Energy'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.


Lithium ION Energy's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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


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Lithium ION Energy 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.

Lithium ION Energy'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
=1.506/2.321
=

Lithium ION Energy's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1.252/2.075
=

* 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.


Lithium ION Energy  (STU:ZA4) 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%.


Lithium ION Energy Equity-to-Asset Related Terms

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


Lithium ION Energy Business Description

Traded in Other Exchanges
Address
90 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 4A6
Lithium ION Energy Ltd is engaged in the business of the acquisition and exploration of mineral properties with a focus on operating projects containing lithium mineralization. The Company also has a focus on operating its mineral projects located in western Mongolia as well as mineral projects located in the Northwest Territories, Canada.

Lithium ION Energy Headlines

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