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Lion Copper and Gold (XCNQ:LEO) Equity-to-Asset : 0.32 (As of Sep. 2024)


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What is Lion Copper and Gold Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lion Copper and Gold's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$6.18 Mil. Lion Copper and Gold's Total Assets for the quarter that ended in Sep. 2024 was C$19.41 Mil.

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

XCNQ:LEO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.94   Max: 1
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Lion Copper and Gold was 1.00. The lowest was 0.24. And the median was 0.94.

XCNQ:LEO's Equity-to-Asset is ranked worse than
79.78% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs XCNQ:LEO: 0.32

Lion Copper and Gold Equity-to-Asset Historical Data

The historical data trend for Lion Copper and Gold'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.

Lion Copper and Gold Equity-to-Asset Chart

Lion Copper and Gold 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 0.98 0.99 0.82 0.61 0.26

Lion Copper and Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.29 0.26 0.24 0.24 0.32

Competitive Comparison of Lion Copper and Gold's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Lion Copper and Gold'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.


Lion Copper and Gold's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lion Copper and Gold's Equity-to-Asset falls into.



Lion Copper and Gold 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.

Lion Copper and Gold'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
=3.892/15.104
=

Lion Copper and Gold'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
=6.18/19.414
=

* 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.


Lion Copper and Gold  (XCNQ:LEO) 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%.


Lion Copper and Gold Equity-to-Asset Related Terms

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


Lion Copper and Gold Business Description

Traded in Other Exchanges
Address
143 South Nevada Street, Suite 1200, Yerington, NV, USA, 89447
Lion Copper and Gold Corp is a mineral exploration company that is engaged in the acquisition, exploration, and development of copper projects in Nevada, Alaska, and Montana in the United States and British Columbia, Canada.
Executives
Tony Lee Alford 10% Security Holder