Euro Manganese (TSXV:EMN) Equity-to-Asset : 0.45 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Euro Manganese Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Euro Manganese's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$24.73 Mil. Euro Manganese's Total Assets for the quarter that ended in Dec. 2023 was C$55.22 Mil.

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

TSXV:EMN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.87 Max: 0.98
Current: 0.45

During the past 6 years, the highest Equity to Asset Ratio of Euro Manganese was 0.98. The lowest was 0.45. And the median was 0.87.

TSXV:EMN's Equity-to-Asset is ranked worse than
76.03% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:EMN: 0.45

Euro Manganese Equity-to-Asset Historical Data

The historical data trend for Euro Manganese'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.

Euro Manganese Equity-to-Asset Chart

Euro Manganese Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Equity-to-Asset

Get a 7-Day Free Trial

0.86

0.85

0.96

0.86

0.94

Euro Manganese Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.94	-	0.91	0.93	0.45

Competitive Comparison of Euro Manganese's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Euro Manganese'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.

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

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

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

Euro Manganese 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.

Euro Manganese's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	37.29	/	39.896
	=

Euro Manganese'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
	=	24.725	/	55.223
	=

Euro Manganese (TSXV:EMN) 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%.

Euro Manganese Equity-to-Asset Related Terms

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

Euro Manganese (TSXV:EMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euro Manganese Inc (TSXV:EMN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

EUMNF:USA E06:Germany EMN:Australia

Address

700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8

Website

https://www.mn25.ca

Euro Manganese Inc is a Canada-based mineral exploration company. It is mainly engaged in the evaluation and development of the Chvaletice manganese project for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate ("HPMSM") and other high-purity manganese products.