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NNE (Nano Nuclear Energy) Equity-to-Asset : 0.79 (As of Jun. 2024)


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What is Nano Nuclear Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nano Nuclear Energy's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $13.00 Mil. Nano Nuclear Energy's Total Assets for the quarter that ended in Jun. 2024 was $16.43 Mil.

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

NNE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.94   Max: 0.97
Current: 0.79

During the past 2 years, the highest Equity to Asset Ratio of Nano Nuclear Energy was 0.97. The lowest was 0.75. And the median was 0.94.

NNE's Equity-to-Asset is ranked better than
85.44% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs NNE: 0.79

Nano Nuclear Energy Equity-to-Asset Historical Data

The historical data trend for Nano Nuclear Energy'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.

Nano Nuclear Energy Equity-to-Asset Chart

Nano Nuclear Energy Annual Data
Trend Sep22 Sep23
Equity-to-Asset
0.94 0.97

Nano Nuclear Energy Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Equity-to-Asset Get a 7-Day Free Trial - 0.97 0.95 0.75 0.79

Competitive Comparison of Nano Nuclear Energy's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Nano Nuclear Energy'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.


Nano Nuclear Energy's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nano Nuclear Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nano Nuclear Energy's Equity-to-Asset falls into.



Nano Nuclear Energy 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.

Nano Nuclear Energy'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
=7.009/7.234
=

Nano Nuclear Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=13.003/16.428
=

* 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.


Nano Nuclear Energy  (NAS:NNE) 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%.


Nano Nuclear Energy Equity-to-Asset Related Terms

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Nano Nuclear Energy Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Times Square, 30th Floor, New York, NY, USA, 10018
Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Nano Nuclear Energy Headlines

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