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Appia Rare Earths & Uranium (Appia Rare Earths & Uranium) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is Appia Rare Earths & Uranium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Appia Rare Earths & Uranium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $19.21 Mil. Appia Rare Earths & Uranium's Total Assets for the quarter that ended in Dec. 2023 was $21.75 Mil.

The historical rank and industry rank for Appia Rare Earths & Uranium's Equity-to-Asset or its related term are showing as below:

APAAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.7   Max: 0.95
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of Appia Rare Earths & Uranium was 0.95. The lowest was 0.25. And the median was 0.70.

APAAF's Equity-to-Asset is ranked better than
76.8% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs APAAF: 0.88

Appia Rare Earths & Uranium Equity-to-Asset Historical Data

The historical data trend for Appia Rare Earths & Uranium'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.

Appia Rare Earths & Uranium Equity-to-Asset Chart

Appia Rare Earths & Uranium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.25 0.86 0.90 0.89

Appia Rare Earths & Uranium 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 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 0.91 0.89 0.88 0.89 0.88

Competitive Comparison of Appia Rare Earths & Uranium's Equity-to-Asset

For the Uranium subindustry, Appia Rare Earths & Uranium'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.


Appia Rare Earths & Uranium's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Appia Rare Earths & Uranium's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Appia Rare Earths & Uranium's Equity-to-Asset falls into.



Appia Rare Earths & Uranium 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.

Appia Rare Earths & Uranium's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=18.303/20.612
=

Appia Rare Earths & Uranium'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
=19.213/21.752
=

* 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.


Appia Rare Earths & Uranium  (OTCPK:APAAF) 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%.


Appia Rare Earths & Uranium Equity-to-Asset Related Terms

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Appia Rare Earths & Uranium (Appia Rare Earths & Uranium) Business Description

Traded in Other Exchanges
Address
2 Toronto Street, Suite 500, Toronto, ON, CAN, M5C 2B6
Appia Rare Earths & Uranium Corp operates as a mineral exploration company in Canada. It explores uranium and rare earth elements. The company holds interests in Alces Lake rare earth project as well as its Athabasca Basin uranium prospects.