Andean Precious Metals (TSXV:APM) Equity-to-Asset : 0.49 (As of Dec. 2023)

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What is Andean Precious Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Andean Precious Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$177.1 Mil. Andean Precious Metals's Total Assets for the quarter that ended in Dec. 2023 was C$362.1 Mil. Therefore, Andean Precious Metals's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

TSXV:APM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.67 Max: 0.73
Current: 0.49

During the past 4 years, the highest Equity to Asset Ratio of Andean Precious Metals was 0.73. The lowest was 0.49. And the median was 0.67.

TSXV:APM's Equity-to-Asset is ranked worse than
74.06% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:APM: 0.49

Andean Precious Metals Equity-to-Asset Historical Data

The historical data trend for Andean Precious 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.

Andean Precious Metals Equity-to-Asset Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.64

0.73

0.71

0.49

Andean Precious Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.71	0.73	0.70	0.68	0.49

Competitive Comparison of Andean Precious Metals's Equity-to-Asset

For the Silver subindustry, Andean Precious 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.

Andean Precious Metals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Andean Precious 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.

Andean Precious Metals'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
	=	177.05	/	362.084
	=	0.49

Andean Precious Metals'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
	=	177.05	/	362.084
	=	0.49

Andean Precious Metals (TSXV:APM) 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%.

Andean Precious Metals Equity-to-Asset Related Terms

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

Andean Precious Metals (TSXV:APM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (TSXV:APM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ANPMF:USA

Address

Ignacio L. Vallarta, No. 811 Sur, Col. El Mirador Centro, Monterrey, NL, MEX, 64070

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. The Company is engaged in the exploration, exploitation, treatment, refining and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material.