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Inception Mining (Inception Mining) Equity-to-Asset : -178.60 (As of Mar. 2024)


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What is Inception Mining Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inception Mining's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-2.68 Mil. Inception Mining's Total Assets for the quarter that ended in Mar. 2024 was $0.02 Mil.

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

IMII' s Equity-to-Asset Range Over the Past 10 Years
Min: -178.6   Med: -11.77   Max: 0.26
Current: -178.6

During the past 13 years, the highest Equity to Asset Ratio of Inception Mining was 0.26. The lowest was -178.60. And the median was -11.77.

IMII's Equity-to-Asset is ranked worse than
99.82% of 2716 companies
in the Metals & Mining industry
Industry Median: 0.79 vs IMII: -178.60

Inception Mining Equity-to-Asset Historical Data

The historical data trend for Inception Mining'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.

Inception Mining Equity-to-Asset Chart

Inception Mining Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.76 -19.64 -25.82 -29.59 -105.30

Inception Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.02 0.08 -0.08 -105.30 -178.60

Competitive Comparison of Inception Mining's Equity-to-Asset

For the Gold subindustry, Inception Mining'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.


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

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

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



Inception Mining 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.

Inception Mining'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
=-2.422/0.023
=

Inception Mining's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-2.679/0.015
=

* 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.


Inception Mining  (OTCPK:IMII) 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%.


Inception Mining Equity-to-Asset Related Terms

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


Inception Mining (Inception Mining) Business Description

Traded in Other Exchanges
N/A
Address
5530 South 900 East, Suite 280, Murray, UT, USA, 84117
Inception Mining Inc is engaged in the identification, exploration, acquisition, and development of mineral properties. The company primarily explores gold. Its operations are focused on the Clavo Rico mine in Honduras, Central America. Inception derives most of its revenue from mining operations.
Executives
Whitney O Cluff director, officer: Chief Financial Officer 6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio director, 10 percent owner 5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson director 7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs 10 percent owner 4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs director 978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin director, officer: CEO 4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer director, officer: COO P.O. BOX 305, SALMON ID 83467

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