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Galway Metals Equity-to-Asset

: 0.78 (As of Jun. 2021)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Galway Metals's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $19.02 Mil. Galway Metals's Total Assets for the quarter that ended in Jun. 2021 was $24.55 Mil.

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

OTCPK:GAYMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.97   Max: 0.99
Current: 0.78

0.78
0.99

During the past 9 years, the highest Equity to Asset Ratio of Galway Metals was 0.99. The lowest was 0.78. And the median was 0.97.

OTCPK:GAYMF's Equity-to-Asset is ranked lower than
99.99% of the 147 Companies
in the Metals & Mining industry.

( Industry Median: 0.68 vs. OTCPK:GAYMF: 0.78 )

Galway Metals Equity-to-Asset Historical Data

The historical data trend for Galway 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.

Galway Metals Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.92 0.95 0.90 0.82

Galway Metals Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.84 0.83 0.82 0.80 0.78

Competitive Comparison

For the Gold subindustry, Galway 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.

   

Galway Metals Equity-to-Asset Distribution

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

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



Galway 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.

Galway Metals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=15.920836911547/19.311421656648
=

Galway Metals's Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Equity to Asset (Q: Jun. 2021 )=Total Stockholders Equity/Total Assets
=19.016366612111/24.551554828151
=

* 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.


Galway Metals  (OTCPK:GAYMF) 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%.


Galway Metals Equity-to-Asset Related Terms

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


Galway Metals Business Description

Galway Metals logo
Industry
Basic Materials » Metals & Mining NAICS : 212221 SIC : 611
Traded in Other Exchanges
Address
82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Galway Metals Inc is an exploration-stage company. It is in the process of exploring for, and delineating resources at the Clarence Stream and Estrades gold projects, located in Canada's jurisdictions of New Brunswick and Quebec, respectively. The company's only operating segment is the acquisition, exploration, and development of mineral resource properties. It explores for gold at Clarence Stream and gold, silver, zinc, copper, and lead at Estrades.

Galway Metals Headlines

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