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Copper Fox Metals (Copper Fox Metals) Equity-to-Asset : 0.98 (As of Jan. 2024)


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What is Copper Fox Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Copper Fox Metals's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $60.57 Mil. Copper Fox Metals's Total Assets for the quarter that ended in Jan. 2024 was $61.81 Mil.

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

CPFXF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.96   Max: 0.98
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Copper Fox Metals was 0.98. The lowest was 0.91. And the median was 0.96.

CPFXF's Equity-to-Asset is ranked better than
92.65% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs CPFXF: 0.98

Copper Fox Metals Equity-to-Asset Historical Data

The historical data trend for Copper Fox 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.

Copper Fox Metals Equity-to-Asset Chart

Copper Fox Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.98 0.97 0.98 0.98

Copper Fox 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 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 0.98 0.98 0.98

Competitive Comparison of Copper Fox Metals's Equity-to-Asset

For the Copper subindustry, Copper Fox 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.


Copper Fox Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Copper Fox 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.

Copper Fox Metals's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=59.957/61.198
=

Copper Fox 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
=60.574/61.807
=

* 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.


Copper Fox Metals  (OTCPK:CPFXF) 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%.


Copper Fox Metals Equity-to-Asset Related Terms

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


Copper Fox Metals (Copper Fox Metals) Business Description

Traded in Other Exchanges
Address
340 - 12th Avenue South West, Suite 650, Calgary, AB, CAN, T2R 1L5
Copper Fox Metals Inc is a Canadian-based resource company. It is focused on the exploration and development of copper mineral properties in Canada and the United States. It has interests in the Van Dyke Project, Sombrero Butte Project, Mineral Mountain Project, and Schaft Creek Properties, among others. The geographic segments of the group are Canada and the United States. It derives a majority of its revenue from Canada.

Copper Fox Metals (Copper Fox Metals) Headlines

From GuruFocus

Copper Fox Announces 2018 First Quarter Operating and Financial Results

By GlobeNewswire GlobeNewswire 03-30-2018