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The historical rank and industry rank for Tombstone Exploration's Equity-to-Asset or its related term are showing as below:
TMBXF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.81 * Ranked among companies with meaningful Equity-to-Asset only.
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%.
Tombstone Exploration Equity-to-Asset Related Terms
Tombstone Exploration Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tombstone Exploration'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.
TMBXF vs WNFT, NMEX, THMG: Equity-to-Asset Comparison
For the Other Precious Metals & Mining subindustry, Tombstone Exploration'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.
Tombstone Exploration Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tombstone Exploration's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tombstone Exploration's Equity-to-Asset falls into.
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.
Tombstone Exploration's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Tombstone Exploration (TMBXF) has a Equity-to-Asset of 0.72 as of Dec. 2021. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tombstone Exploration and its competitors.
Is Tombstone Exploration's Equity-to-Asset too high?
Tombstone Exploration's current Equity-to-Asset is 0.72. The Metals & Mining industry median Equity-to-Asset is 0.81. Tombstone Exploration's value of 0.72 is 11.1% below this industry median. Overall, Tombstone Exploration has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Tombstone Exploration's Equity-to-Asset compare to WNFT and NMEX?
Tombstone Exploration's Equity-to-Asset of 0.72 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.81. Tombstone Exploration's value of 0.72 is 11.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.81, based on 2,677 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tombstone Exploration's current Equity-to-Asset of 0.72 is 11.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tombstone Exploration and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tombstone Exploration's current Equity-to-Asset is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tombstone Exploration stock overvalued right now?
Tombstone Exploration (TMBXF) has a current Equity-to-Asset of 0.72. The current Equity-to-Asset is 0.72 and 11.1% below the Metals & Mining industry median of 0.81. Tombstone Exploration's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Tombstone Exploration (TMBXF), the current Equity-to-Asset is 0.72 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.
39GF Score
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