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Hanna Capital (Hanna Capital) Equity-to-Asset : 0.11 (As of Dec. 2023)


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What is Hanna Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hanna Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.04 Mil. Hanna Capital's Total Assets for the quarter that ended in Dec. 2023 was $0.38 Mil.

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

NITMF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.46   Med: 0.33   Max: 0.85
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of Hanna Capital was 0.85. The lowest was -0.46. And the median was 0.33.

NITMF's Equity-to-Asset is ranked worse than
87% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs NITMF: 0.12

Hanna Capital Equity-to-Asset Historical Data

The historical data trend for Hanna Capital'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.

Hanna Capital Equity-to-Asset Chart

Hanna Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.19 0.64 0.83 0.23

Hanna Capital 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 0.79 0.77 0.23 0.16 0.11

Competitive Comparison of Hanna Capital's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Hanna Capital'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.


Hanna Capital's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Hanna Capital 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.

Hanna Capital's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=0.089/0.385
=

Hanna Capital'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
=0.043/0.376
=

* 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.


Hanna Capital  (OTCPK:NITMF) 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%.


Hanna Capital Equity-to-Asset Related Terms

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


Hanna Capital (Hanna Capital) Business Description

Traded in Other Exchanges
Address
1800-130 King Street West, The Exchange Tower, Toronto, ON, CAN, M5X 1E3
Hanna Capital Corp is a Canada-based exploration-stage junior resource company. It is focused primarily on the acquisition and exploration of mineral properties located in Canada. The company owns an interest in Carscallen Property located in Ontario and Jasper property in Vancouver Island.

Hanna Capital (Hanna Capital) Headlines

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