Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Canoe Mining VenturesTSXV:CLV 25 Equity-to-Asset is 0.70 as of Jun. 2026, which is 35% above its 10-year median of 0.52. GuruFocus rates TSXV:CLV with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 2,679 Metals & Mining companies, Canoe Mining Ventures ranks worse than 59.35% on this metric.
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%.
Canoe Mining Ventures Equity-to-Asset Related Terms
Canoe Mining Ventures Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Canoe Mining Ventures'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.
For the Gold subindustry, Canoe Mining Ventures'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.
Canoe Mining Ventures Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Canoe Mining Ventures's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Canoe Mining Ventures'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.
Canoe Mining Ventures's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Canoe Mining Ventures (TSXV:CLV) has a Equity-to-Asset of 0.70 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Canoe Mining Ventures and its competitors. This is 35% above median its historical median of 0.52. According to the industry distribution chart, Canoe Mining Ventures ranks #1590 out of 2679 companies in the Metals & Mining industry, placing it in the top 59.4%.
Is Canoe Mining Ventures' Equity-to-Asset too high?
Canoe Mining Ventures' current Equity-to-Asset of 0.70 is 35% above median its 10-year median of 0.52. The Metals & Mining industry median Equity-to-Asset is 0.80. Canoe Mining Ventures' value of 0.70 is 12.5% below this industry median. Based on the distribution chart, Canoe Mining Ventures ranks #1590 out of 2679 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Canoe Mining Ventures has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Canoe Mining Ventures' Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Canoe Mining Ventures ranks #1590 out of 2679 companies for Equity-to-Asset. This places Canoe Mining Ventures in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Canoe Mining Ventures' value of 0.70 is 12.5% below this benchmark. While the company's 10-year median is 0.52 vs. the industry median of 0.80, Canoe Mining Ventures has consistently been below the industry average. 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 0.80, based on 2,679 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. Canoe Mining Ventures's current Equity-to-Asset of 0.70 is 12.5% 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 Canoe Mining Ventures and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canoe Mining Ventures's current Equity-to-Asset is 0.70, which is 35% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canoe Mining Ventures stock overvalued right now?
Canoe Mining Ventures (TSXV:CLV) has a current Equity-to-Asset of 0.70. The current Equity-to-Asset is 0.70, which is 35% above median its 10-year median of 0.52 and 12.5% below the Metals & Mining industry median of 0.80. Canoe Mining Ventures' overall GF Score™ is 25/100 with 2 warning signs to review. 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 Canoe Mining Ventures (TSXV:CLV), the current Equity-to-Asset is 0.70 as of Jun. 2026. 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.
Canoe Mining Ventures Corp is engaged in the acquisition, exploration, evaluation, and development of gold resource properties in Canada. Its exploration activities are focused on exploration for gold at its property in Northern Ontario, Canada.
25GF Score
Get the complete analysis for TSXV:CLV
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:CLV has been successfully added to your 
