Temas Resources (XCNQ:TMAS) Equity-to-Asset : 0.80 (As of Sep. 2023)

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What is Temas Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Temas Resources's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$5.95 Mil. Temas Resources's Total Assets for the quarter that ended in Sep. 2023 was C$7.41 Mil.

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

XCNQ:TMAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.93 Max: 0.97
Current: 0.8

During the past 5 years, the highest Equity to Asset Ratio of Temas Resources was 0.97. The lowest was 0.32. And the median was 0.93.

XCNQ:TMAS's Equity-to-Asset is ranked better than
51.62% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs XCNQ:TMAS: 0.80

Temas Resources Equity-to-Asset Historical Data

The historical data trend for Temas Resources'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.

Temas Resources Equity-to-Asset Chart

Temas Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.64

0.94

0.81

Temas Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.92	0.81	0.85	0.83	0.80

Competitive Comparison of Temas Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Temas Resources'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.

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

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

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

Temas Resources 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.

Temas Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	7.14	/	8.791
	=

Temas Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5.946	/	7.414
	=

Temas Resources (XCNQ:TMAS) 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%.

Temas Resources Equity-to-Asset Related Terms

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

Temas Resources (XCNQ:TMAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Temas Resources Corp (XCNQ:TMAS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TMASF:USA 26P0:Germany

Address

999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2

Website

https://www.temasresources.com

Temas Resources Corp is focused on the advancement of mineral independence and the processes in which minerals are extracted in an environmentally friendly manner. It invests in and works to apply green technology across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. Its flagship properties are located in the stable, mining-friendly jurisdiction of Quebec (Canada) bordering Vermont, Maine, and New York State (U.S.) in an area known as the Grenville Geological Province. The Grenville Geological Province is home to Lac Tio, the solid ilmenite deposit in the world.

Executives

Samuel Anthony Kyler Hardy

Director

Temas Resources (XCNQ:TMAS) Headlines

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