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Giyani Metals (TSXV:EMM) Equity-to-Asset : 0.73 (As of Mar. 2024)


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What is Giyani Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Giyani Metals's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$26.42 Mil. Giyani Metals's Total Assets for the quarter that ended in Mar. 2024 was C$36.07 Mil.

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

TSXV:EMM' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.8   Med: 0.72   Max: 0.96
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Giyani Metals was 0.96. The lowest was -0.80. And the median was 0.72.

TSXV:EMM's Equity-to-Asset is ranked worse than
55.73% of 2715 companies
in the Metals & Mining industry
Industry Median: 0.79 vs TSXV:EMM: 0.73

Giyani Metals Equity-to-Asset Historical Data

The historical data trend for Giyani Metals'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.

Giyani Metals Equity-to-Asset Chart

Giyani Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.89 0.95 0.96 0.90

Giyani Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.94 0.94 0.93 0.90 0.73

Competitive Comparison of Giyani Metals's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Giyani Metals'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.


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

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

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



Giyani Metals 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.

Giyani Metals'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
=21.308/23.593
=

Giyani Metals'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
=26.42/36.073
=

* 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.


Giyani Metals  (TSXV:EMM) 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%.


Giyani Metals Equity-to-Asset Related Terms

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


Giyani Metals (TSXV:EMM) Business Description

Traded in Other Exchanges
Address
2010 Winston Park Drive, 2nd Floor, Oakville, ON, CAN, L6H 5R7
Giyani Metals Corp is a Canadian battery metals company. Through its subsidiary in Botswana, the company is engaged in the advancement of its manganese prospects within the Kanye Basin in southeastern Botswana, Africa. Its Kanye Basin Prospects include the K.Hill Project, as well as Otse and Lobatse. It is engaged in the business segments of the exploration, evaluation, and development of manganese and precious metal mining projects located in Botswana and South Africa.
Executives
Duane Parnham Issuer