CleanTech Vanadium Mining (TSXV:CTV) Equity-to-Asset : 0.70 (As of Dec. 2024)

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What is CleanTech Vanadium Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CleanTech Vanadium Mining's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$12.32 Mil. CleanTech Vanadium Mining's Total Assets for the quarter that ended in Dec. 2024 was C$17.69 Mil.

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

TSXV:CTV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.99 Max: 0.99
Current: 0.7

During the past 2 years, the highest Equity to Asset Ratio of CleanTech Vanadium Mining was 0.99. The lowest was 0.13. And the median was 0.99.

TSXV:CTV's Equity-to-Asset is ranked worse than
56.85% of 2665 companies
in the Metals & Mining industry
Industry Median: 0.78 vs TSXV:CTV: 0.70

CleanTech Vanadium Mining Equity-to-Asset Historical Data

The historical data trend for CleanTech Vanadium Mining'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.

CleanTech Vanadium Mining Equity-to-Asset Chart

CleanTech Vanadium Mining Annual Data

Trend

Dec21

Mar24

Equity-to-Asset

0.13

0.98

CleanTech Vanadium Mining Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial							0.99	0.98	0.96	0.63	0.70

Competitive Comparison of CleanTech Vanadium Mining's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, CleanTech Vanadium Mining'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.

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

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

* The bar in red indicates where CleanTech Vanadium Mining's Equity-to-Asset falls into.

CleanTech Vanadium Mining 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.

CleanTech Vanadium Mining's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	22.717	/	23.198
	=

CleanTech Vanadium Mining's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	12.315	/	17.689
	=

CleanTech Vanadium Mining (TSXV:CTV) 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%.

CleanTech Vanadium Mining Equity-to-Asset Related Terms

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