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Emergent Metals (TSXV:EMR) Equity-to-Asset : 0.28 (As of Sep. 2024)


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What is Emergent Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Emergent Metals's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$1.01 Mil. Emergent Metals's Total Assets for the quarter that ended in Sep. 2024 was C$3.57 Mil.

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

TSXV:EMR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03   Med: 0.48   Max: 0.7
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Emergent Metals was 0.70. The lowest was -0.03. And the median was 0.48.

TSXV:EMR's Equity-to-Asset is ranked worse than
81.79% of 2686 companies
in the Metals & Mining industry
Industry Median: 0.78 vs TSXV:EMR: 0.28

Emergent Metals Equity-to-Asset Historical Data

The historical data trend for Emergent 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.

Emergent Metals Equity-to-Asset Chart

Emergent 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 0.53 0.49 0.64 0.34 0.34

Emergent Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.68 0.57 0.34 0.38 0.28

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

For the Gold subindustry, Emergent 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.


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

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

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



Emergent 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.

Emergent 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
=1.324/3.915
=

Emergent Metals's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=1.013/3.571
=

* 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.


Emergent Metals  (TSXV:EMR) 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%.


Emergent Metals Equity-to-Asset Related Terms

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


Emergent Metals Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2
Emergent Metals Corp is a gold and base metal exploration and mine development company. The company's business model is strategic acquisitions and divestitures (A&D) in the junior mining sector, with a focus on Nevada and Quebec. The company's Nevada properties include Golden Arrow, New York Canyon, Mindora, Buckskin Rawhide East, Buckskin Rawhide West, and Koegel Rawhide.
Executives
Andrew Macritchie Director
Robert Rosner Director
David George Watkinson Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer