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Capella Minerals (TSXV:CMIL) Equity-to-Asset : 0.77 (As of Feb. 2024)


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What is Capella Minerals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Capella Minerals's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$5.35 Mil. Capella Minerals's Total Assets for the quarter that ended in Feb. 2024 was C$6.94 Mil.

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

TSXV:CMIL' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.2   Med: 0.85   Max: 0.99
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Capella Minerals was 0.99. The lowest was -1.20. And the median was 0.85.

TSXV:CMIL's Equity-to-Asset is ranked worse than
52.34% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:CMIL: 0.77

Capella Minerals Equity-to-Asset Historical Data

The historical data trend for Capella 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.

Capella Minerals Equity-to-Asset Chart

Capella Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 -1.20 0.94 0.84 0.77

Capella Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.85 0.77 0.78 0.81 0.77

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

For the Other Precious Metals & Mining subindustry, Capella 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.


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

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

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



Capella 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.

Capella Minerals's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=5.053/6.568
=

Capella Minerals's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=5.351/6.941
=

* 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.


Capella Minerals  (TSXV:CMIL) 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%.


Capella Minerals Equity-to-Asset Related Terms

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


Capella Minerals (TSXV:CMIL) Business Description

Traded in Other Exchanges
Address
8681 Clay Street, Mission, BC, CAN, V4S 1E7
Capella Minerals Ltd engages in the acquisition, exploration, and development of base and battery metals projects in Scandinavia (copper-cobalt projects in Norway and lithium-rare earth element projects in central Finland) together with copper-gold projects in northern Finland. In addition, the Company also retains exposure to exploration success in precious metals projects through two gold Joint Ventures in Canada and a silver-gold Joint Venture in Argentina.
Executives
Eric Roth Director, Senior Officer

Capella Minerals (TSXV:CMIL) Headlines

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