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Minehub Technologies (TSXV:MHUB) Equity-to-Asset : 0.05 (As of Jul. 2024)


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What is Minehub Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Minehub Technologies's Total Stockholders Equity for the quarter that ended in Jul. 2024 was C$0.09 Mil. Minehub Technologies's Total Assets for the quarter that ended in Jul. 2024 was C$1.80 Mil. Therefore, Minehub Technologies's Equity to Asset Ratio for the quarter that ended in Jul. 2024 was 0.05.

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

TSXV:MHUB' s Equity-to-Asset Range Over the Past 10 Years
Min: -35.19   Med: 0.13   Max: 0.73
Current: 0.05

During the past 5 years, the highest Equity to Asset Ratio of Minehub Technologies was 0.73. The lowest was -35.19. And the median was 0.13.

TSXV:MHUB's Equity-to-Asset is ranked worse than
90.22% of 2832 companies
in the Software industry
Industry Median: 0.55 vs TSXV:MHUB: 0.05

Minehub Technologies Equity-to-Asset Historical Data

The historical data trend for Minehub Technologies'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.

Minehub Technologies Equity-to-Asset Chart

Minehub Technologies Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
-35.19 -2.31 0.50 -0.03 0.53

Minehub Technologies Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.03 0.13 0.53 0.59 0.05

Competitive Comparison of Minehub Technologies's Equity-to-Asset

For the Software - Application subindustry, Minehub Technologies'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.


Minehub Technologies's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Minehub Technologies's Equity-to-Asset distribution charts can be found below:

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



Minehub Technologies 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.

Minehub Technologies's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=2.768/5.243
=0.53

Minehub Technologies's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=0.088/1.799
=0.05

* 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.


Minehub Technologies  (TSXV:MHUB) 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%.


Minehub Technologies Equity-to-Asset Related Terms

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


Minehub Technologies Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3
Minehub Technologies Inc is a technology company engaged in the development and operation of a digital supply chain platform for the commodity markets.
Executives
Gordon Troy Bullock Director

Minehub Technologies Headlines

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