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Atico Mining (Atico Mining) Equity-to-Asset

: 0.50 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atico Mining's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $57.47 Mil. Atico Mining's Total Assets for the quarter that ended in Dec. 2023 was $115.19 Mil. Therefore, Atico Mining's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

ATCMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.52   Max: 0.57
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Atico Mining was 0.57. The lowest was 0.44. And the median was 0.52.

ATCMF's Equity-to-Asset is ranked worse than
73.57% of 2701 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ATCMF: 0.50

Atico Mining Equity-to-Asset Historical Data

The historical data trend for Atico Mining'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.

Atico Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.52 0.57 0.52 0.50

Atico Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.52 0.52 0.52 0.52 0.50

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Atico Mining'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.


Atico Mining Equity-to-Asset Distribution

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

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



Atico Mining 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.

Atico Mining'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
=57.471/115.19
=0.50

Atico Mining'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
=57.471/115.19
=0.50

* 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.


Atico Mining  (OTCPK:ATCMF) 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%.


Atico Mining Equity-to-Asset Related Terms

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


Atico Mining (Atico Mining) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Atico Mining Corp is engaged in copper-gold mining and related activities. Its activities include the exploration, development, extraction, and processing in Colombia and the acquisition, exploration and development of copper and gold projects in Latin America. The company has an operating mine in Colombia. Some of the projects of the company are El Roble mine and La Plata. The geographic segments of the group are Canada, Colombia, Ecuador, and others. It earns revenue from contracts with customers related to its metals concentrate sales.

Atico Mining (Atico Mining) Headlines