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Cache Exploration (TSXV:CAY.H) Equity-to-Asset : 0.77 (As of Dec. 2020)


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What is Cache Exploration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cache Exploration's Total Stockholders Equity for the quarter that ended in Dec. 2020 was C$3.28 Mil. Cache Exploration's Total Assets for the quarter that ended in Dec. 2020 was C$4.29 Mil.

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

TSXV:CAY.H's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Cache Exploration Equity-to-Asset Historical Data

The historical data trend for Cache 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.

* Premium members only.

Cache Exploration Equity-to-Asset Chart

Cache Exploration Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.58 0.73 0.51 0.56

Cache Exploration Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.46 0.47 0.41 0.56 0.77

Competitive Comparison of Cache Exploration's Equity-to-Asset

For the Gold subindustry, Cache 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.


Cache Exploration's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Cache Exploration 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.

Cache Exploration's Equity to Asset Ratio for the fiscal year that ended in Sep. 2020 is calculated as

Equity to Asset (A: Sep. 2020 )=Total Stockholders Equity/Total Assets
=1.434/2.562
=

Cache Exploration's Equity to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Equity to Asset (Q: Dec. 2020 )=Total Stockholders Equity/Total Assets
=3.28/4.289
=

* 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.


Cache Exploration  (TSXV:CAY.H) 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%.


Cache Exploration Equity-to-Asset Related Terms

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


Cache Exploration (TSXV:CAY.H) Business Description

Traded in Other Exchanges
N/A
Address
213 - 333 Terminal Avenue, Vancouver, BC, CAN, V6A 4C1
Cache Exploration Inc is a gold focused company that holds and operates the Kiyuk Lake Property which covers 590km2 in SW Nunavut: the project features number of gold bearing prospects including 2017 identification of 8m of 26.4 g/t gold at the Rusty Zone and extensive mineralization at East Gold Point with 64 m at 1.5 g/t gold and 10 m at 6.5 g/t gold.

Cache Exploration (TSXV:CAY.H) Headlines

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