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Cruz Battery Metals (Cruz Battery Metals) Equity-to-Asset

: 0.92 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cruz Battery Metals's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $3.80 Mil. Cruz Battery Metals's Total Assets for the quarter that ended in Jan. 2024 was $4.12 Mil.

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

BKTPF' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.67   Med: 0.86   Max: 1
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Cruz Battery Metals was 1.00. The lowest was -6.67. And the median was 0.86.

BKTPF's Equity-to-Asset is ranked better than
68.37% of 2697 companies
in the Metals & Mining industry
Industry Median: 0.81 vs BKTPF: 0.92

Cruz Battery Metals Equity-to-Asset Historical Data

The historical data trend for Cruz Battery Metals'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.

Cruz Battery Metals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.93 0.86 0.84 0.91

Cruz Battery Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.92 0.92 0.91 0.91 0.92

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Cruz Battery Metals'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.


Cruz Battery Metals Equity-to-Asset Distribution

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

* The bar in red indicates where Cruz Battery Metals's Equity-to-Asset falls into.



Cruz Battery Metals 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.

Cruz Battery Metals's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=4.066/4.455
=

Cruz Battery Metals's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=3.799/4.122
=

* 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.


Cruz Battery Metals  (OTCPK:BKTPF) 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%.


Cruz Battery Metals Equity-to-Asset Related Terms

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


Cruz Battery Metals (Cruz Battery Metals) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y1K8
Cruz Battery Metals Corp is an exploration company. Its principal business activities include acquiring and developing high-quality battery metals projects in ethical mining jurisdictions, essential for the rechargeable battery and renewable energy sectors. The projects of the company include War Eagle Cobalt, Diamond Project, Hector Cobalt Prospect, Other Cobalt Prospects, Yukon Quartz Claims, Idaho Cobal Belt Project, Idaho Star Cobalt Prospect, Nevada Clayton Valley W. Lithium Property, and Nevada Solar Lithium Project. The company operates in USA and Canada.

Cruz Battery Metals (Cruz Battery Metals) Headlines