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BCM Resources (BCM Resources) Equity-to-Asset : 0.94 (As of Nov. 2023)


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What is BCM Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BCM Resources's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $15.50 Mil. BCM Resources's Total Assets for the quarter that ended in Nov. 2023 was $16.55 Mil.

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

BCMRF' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.5   Med: 0.83   Max: 0.98
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of BCM Resources was 0.98. The lowest was -3.50. And the median was 0.83.

BCMRF's Equity-to-Asset is ranked better than
74.72% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs BCMRF: 0.94

BCM Resources Equity-to-Asset Historical Data

The historical data trend for BCM 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.

BCM Resources Equity-to-Asset Chart

BCM Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.18 0.84 0.98 0.94

BCM Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.97 0.97 0.96 0.94 0.94

Competitive Comparison of BCM Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, BCM 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.


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

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

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



BCM 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.

BCM Resources's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=15.792/16.814
=

BCM Resources's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=15.504/16.546
=

* 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.


BCM Resources  (OTCPK:BCMRF) 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%.


BCM Resources Equity-to-Asset Related Terms

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


BCM Resources (BCM Resources) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 3A6
BCM Resources Corp is principally engaged in the acquisition, exploration, development, and mining of mineral properties. The company holds interests in the Carter property in Canada and Thompson Knolls Property in the United States.