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Minera Alamos (TSXV:MAI) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Minera Alamos Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Minera Alamos's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$37.69 Mil. Minera Alamos's Total Assets for the quarter that ended in Dec. 2023 was C$51.62 Mil. Therefore, Minera Alamos's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

TSXV:MAI' s Equity-to-Asset Range Over the Past 10 Years
Min: -13.53   Med: 0.54   Max: 0.96
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Minera Alamos was 0.96. The lowest was -13.53. And the median was 0.54.

TSXV:MAI's Equity-to-Asset is ranked better than
63.04% of 2703 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:MAI: 0.73

Minera Alamos Equity-to-Asset Historical Data

The historical data trend for Minera Alamos'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.

Minera Alamos Equity-to-Asset Chart

Minera Alamos 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 0.42 0.96 0.88 0.81 0.73

Minera Alamos Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.81 0.90 0.90 0.89 0.73

Competitive Comparison of Minera Alamos's Equity-to-Asset

For the Gold subindustry, Minera Alamos'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.


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

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

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



Minera Alamos 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.

Minera Alamos'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
=37.689/51.62
=0.73

Minera Alamos'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
=37.689/51.62
=0.73

* 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.


Minera Alamos  (TSXV:MAI) 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%.


Minera Alamos Equity-to-Asset Related Terms

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


Minera Alamos (TSXV:MAI) Business Description

Traded in Other Exchanges
Address
55 York Street, Suite 402, Toronto, ON, CAN, M5J 1R7
Minera Alamos Inc is a junior mining and exploration company engaged directly and indirectly through its subsidiaries in the acquisition, exploration, and development of mineral properties located in Mexico. The Company operates in one business segment, mineral exploration, and two geographical segments, Canada and Mexico.

Minera Alamos (TSXV:MAI) Headlines

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