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Copper Standard Resources (XCNQ:CSR) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Copper Standard Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Copper Standard Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$13.68 Mil. Copper Standard Resources's Total Assets for the quarter that ended in Dec. 2023 was C$14.08 Mil.

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

XCNQ:CSR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92   Med: 0.97   Max: 0.99
Current: 0.97

During the past 5 years, the highest Equity to Asset Ratio of Copper Standard Resources was 0.99. The lowest was 0.92. And the median was 0.97.

XCNQ:CSR's Equity-to-Asset is ranked better than
87.6% of 2709 companies
in the Metals & Mining industry
Industry Median: 0.8 vs XCNQ:CSR: 0.97

Copper Standard Resources Equity-to-Asset Historical Data

The historical data trend for Copper Standard Resources'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.

Copper Standard Resources Equity-to-Asset Chart

Copper Standard Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.97 0.92 0.97 0.99 0.97

Copper Standard Resources Quarterly Data
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 0.99 1.00 0.97 0.98 0.97

Competitive Comparison of Copper Standard Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Copper Standard Resources'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.


Copper Standard Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Copper Standard Resources's Equity-to-Asset falls into.



Copper Standard Resources 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.

Copper Standard Resources'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
=13.677/14.078
=

Copper Standard Resources'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
=13.677/14.078
=

* 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.


Copper Standard Resources  (XCNQ:CSR) 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%.


Copper Standard Resources Equity-to-Asset Related Terms

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


Copper Standard Resources (XCNQ:CSR) Business Description

Traded in Other Exchanges
Address
733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 5J3
Copper Standard Resources Inc is a resource-stage mining company with a focus on copper and gold. Its business consists of only one reportable segment being exploration and evaluation of mineral properties.

Copper Standard Resources (XCNQ:CSR) Headlines