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iMining Technologies (FRA:P1A) Equity-to-Asset : 0.99 (As of Feb. 2022)


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What is iMining Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. iMining Technologies's Total Stockholders Equity for the quarter that ended in Feb. 2022 was €12.81 Mil. iMining Technologies's Total Assets for the quarter that ended in Feb. 2022 was €12.99 Mil. Therefore, iMining Technologies's Equity to Asset Ratio for the quarter that ended in Feb. 2022 was 0.99.

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

FRA:P1A's Equity-to-Asset is not ranked *
in the Capital Markets industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

iMining Technologies Equity-to-Asset Historical Data

The historical data trend for iMining Technologies'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.

iMining Technologies Equity-to-Asset Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.97 0.76 -15.09 0.99

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.42 0.99 0.99 0.98 0.99

Competitive Comparison of iMining Technologies's Equity-to-Asset

For the Capital Markets subindustry, iMining Technologies'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.


iMining Technologies's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, iMining Technologies's Equity-to-Asset distribution charts can be found below:

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



iMining Technologies 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.

iMining Technologies's Equity to Asset Ratio for the fiscal year that ended in May. 2021 is calculated as

Equity to Asset (A: May. 2021 )=Total Stockholders Equity/Total Assets
=11.006/11.178
=

iMining Technologies's Equity to Asset Ratio for the quarter that ended in Feb. 2022 is calculated as

Equity to Asset (Q: Feb. 2022 )=Total Stockholders Equity/Total Assets
=12.812/12.994
=0.99

* 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.


iMining Technologies  (FRA:P1A) 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%.


iMining Technologies Equity-to-Asset Related Terms

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iMining Technologies (FRA:P1A) Business Description

Traded in Other Exchanges
N/A
Address
750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.

iMining Technologies (FRA:P1A) Headlines

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