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Tarku Resources (Tarku Resources) Equity-to-Asset : 0.77 (As of Dec. 2023)


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What is Tarku Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tarku Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.33 Mil. Tarku Resources's Total Assets for the quarter that ended in Dec. 2023 was $3.04 Mil.

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

TRKUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.8   Max: 0.96
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Tarku Resources was 0.96. The lowest was 0.15. And the median was 0.80.

TRKUF's Equity-to-Asset is ranked worse than
52.38% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TRKUF: 0.77

Tarku Resources Equity-to-Asset Historical Data

The historical data trend for Tarku Resources'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.

Tarku Resources Equity-to-Asset Chart

Tarku Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.87 0.91 0.73 0.81

Tarku Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.63 0.77 0.87 0.81 0.77

Competitive Comparison of Tarku Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Tarku Resources'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.


Tarku Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Tarku Resources 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.

Tarku Resources's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=2.263/2.782
=

Tarku Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2.332/3.039
=

* 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.


Tarku Resources  (OTCPK:TRKUF) 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%.


Tarku Resources Equity-to-Asset Related Terms

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


Tarku Resources (Tarku Resources) Business Description

Traded in Other Exchanges
Address
4th Avenue Street, Suite 602 - 224, Saskatoon, SK, CAN, S7K 5M5
Tarku Resources Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, and development of precious and base metals in the mineral-rich Canadian landscape. It explores uranium, gold, silver, copper, zinc, and diamonds. It holds an interest in the Apollo gold project, Max Lithium Project, Admiral gold project, Atlas gold project in Quebec, and silver strike project in Arizona. The company operates in two geographical segments Arizona and Quebec, out of which it makes majority of revenue from Arizona.

Tarku Resources (Tarku Resources) Headlines