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Imagine Lithium (Imagine Lithium) Equity-to-Asset : 0.90 (As of Oct. 2023)


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What is Imagine Lithium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Imagine Lithium's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $12.95 Mil. Imagine Lithium's Total Assets for the quarter that ended in Oct. 2023 was $14.36 Mil.

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

ARXRF' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.97   Med: 0.95   Max: 0.99
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Imagine Lithium was 0.99. The lowest was -3.97. And the median was 0.95.

ARXRF's Equity-to-Asset is ranked better than
64.62% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ARXRF: 0.90

Imagine Lithium Equity-to-Asset Historical Data

The historical data trend for Imagine Lithium'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.

Imagine Lithium Equity-to-Asset Chart

Imagine Lithium Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.97 0.99 0.98 0.98

Imagine Lithium Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.98 0.98 0.85 0.86 0.90

Competitive Comparison of Imagine Lithium's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Imagine Lithium'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.


Imagine Lithium's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Imagine Lithium 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.

Imagine Lithium's Equity to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Equity to Asset (A: Jan. 2023 )=Total Stockholders Equity/Total Assets
=7.972/8.178
=

Imagine Lithium's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=12.949/14.362
=

* 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.


Imagine Lithium  (OTCPK:ARXRF) 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%.


Imagine Lithium Equity-to-Asset Related Terms

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


Imagine Lithium (Imagine Lithium) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Imagine Lithium Inc is a junior mining exploration company focused on seeking and acquiring mineral projects. The company holds the Jackpot lithium property located near Nipigon, Ontario.