Battery Mineral Resources (TSXV:BMR) Equity-to-Asset : 0.39 (As of Mar. 2024)

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What is Battery Mineral Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Battery Mineral Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$45.16 Mil. Battery Mineral Resources's Total Assets for the quarter that ended in Mar. 2024 was C$114.66 Mil. Therefore, Battery Mineral Resources's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

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

TSXV:BMR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.71 Max: 0.88
Current: 0.39

During the past 5 years, the highest Equity to Asset Ratio of Battery Mineral Resources was 0.88. The lowest was 0.39. And the median was 0.71.

TSXV:BMR's Equity-to-Asset is ranked worse than
78.16% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs TSXV:BMR: 0.39

Battery Mineral Resources Equity-to-Asset Historical Data

The historical data trend for Battery Mineral 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.

Battery Mineral Resources Equity-to-Asset Chart

Battery Mineral Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.84

0.79

0.74

0.60

0.47

Battery Mineral Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial												0.60	0.59	0.51	0.47	0.39

Competitive Comparison of Battery Mineral Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Battery Mineral 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.

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

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

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

Battery Mineral 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.

Battery Mineral Resources'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
	=	52.086	/	111.624
	=	0.47

Battery Mineral Resources's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	45.155	/	114.659
	=	0.39

Battery Mineral Resources (TSXV:BMR) 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%.

Battery Mineral Resources Equity-to-Asset Related Terms

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

Battery Mineral Resources (TSXV:BMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battery Mineral Resources Corp (TSXV:BMR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

BTRMF:USA

Address

1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.bmrcorp.com

Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The company is engaged in the discovery, acquisition and development of battery metals and precious metals mining projects in Canada with additional cobalt, lithium and graphite projects in the United States and South Korea.

Executives