Nevada Organic Phosphate (XCNQ:NOP) Equity-to-Asset : 0.34 (As of Jan. 2024)

Nevada Organic Phosphate Equity-to-Asset Chart

Nevada Organic Phosphate Quarterly Data
	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.89	0.91	0.91	0.37	0.34

Competitive Comparison of Nevada Organic Phosphate's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Nevada Organic Phosphate'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.

Nevada Organic Phosphate's Equity-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nevada Organic Phosphate's Equity-to-Asset falls into.

Nevada Organic Phosphate 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.

Nevada Organic Phosphate's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Nevada Organic Phosphate's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.

Nevada Organic Phosphate  (XCNQ:NOP) 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%.

Nevada Organic Phosphate Equity-to-Asset Related Terms

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Nevada Organic Phosphate (XCNQ:NOP) Business Description