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Enduro Metals (TSXV:ENDR) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Enduro Metals Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Enduro Metals's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$30.32 Mil. Enduro Metals's Total Assets for the quarter that ended in Dec. 2023 was C$31.74 Mil.

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

TSXV:ENDR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.54   Med: 0.82   Max: 0.98
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of Enduro Metals was 0.98. The lowest was -0.54. And the median was 0.82.

TSXV:ENDR's Equity-to-Asset is ranked better than
82.81% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:ENDR: 0.96

Enduro Metals Equity-to-Asset Historical Data

The historical data trend for Enduro Metals'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.

Enduro Metals Equity-to-Asset Chart

Enduro Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.92 0.93 0.90 0.95

Enduro Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.90 0.94 0.95 0.95 0.96

Competitive Comparison of Enduro Metals's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Enduro Metals'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.


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

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

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



Enduro Metals 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.

Enduro Metals'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
=28.837/30.418
=

Enduro Metals'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
=30.315/31.742
=

* 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.


Enduro Metals  (TSXV:ENDR) 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%.


Enduro Metals Equity-to-Asset Related Terms

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


Enduro Metals (TSXV:ENDR) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 202, Kelowna, BC, CAN, V1Y 7T2
Enduro Metals Corp is an explorer focused in the heart of British Columbia's Golden Triangle. The company's projects include McLymont, Burgundy, Cuba, and Chachi. It also holds an interest in the Tom Cat Project located southeast of Merritt in south-central British Columbia.
Executives
Cole Stephen Evans Director, Senior Officer

Enduro Metals (TSXV:ENDR) Headlines

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