Cascadia Minerals (TSXV:CAM) Equity-to-Asset : 0.90 (As of Dec. 2023)

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What is Cascadia Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cascadia Minerals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2.02 Mil. Cascadia Minerals's Total Assets for the quarter that ended in Dec. 2023 was C$2.25 Mil.

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

TSXV:CAM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82 Med: 0.86 Max: 0.9
Current: 0.9

During the past 2 years, the highest Equity to Asset Ratio of Cascadia Minerals was 0.90. The lowest was 0.82. And the median was 0.86.

TSXV:CAM's Equity-to-Asset is ranked better than
65.19% of 2709 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:CAM: 0.90

Cascadia Minerals Equity-to-Asset Historical Data

The historical data trend for Cascadia Minerals'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.

Cascadia Minerals Equity-to-Asset Chart

Cascadia Minerals Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

0.82

0.90

Cascadia Minerals Quarterly Data
	Sep22	Dec22	Jun23	Sep23	Dec23
Equity-to-Asset	-	0.82	-	0.76	0.90

Competitive Comparison of Cascadia Minerals's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Cascadia Minerals'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.

Cascadia Minerals's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Cascadia Minerals 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.

Cascadia Minerals'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
	=	2.017	/	2.252
	=

Cascadia Minerals'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
	=	2.017	/	2.252
	=

Cascadia Minerals (TSXV:CAM) 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%.

Cascadia Minerals Equity-to-Asset Related Terms

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

Cascadia Minerals (TSXV:CAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascadia Minerals Ltd (TSXV:CAM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CAMNF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cascadiaminerals.com

Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.

Executives

Andrew Olaf Carne

Senior Officer