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Atha Energy (Atha Energy) Equity-to-Asset : 0.99 (As of Sep. 2023)


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What is Atha Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atha Energy's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $57.81 Mil. Atha Energy's Total Assets for the quarter that ended in Sep. 2023 was $58.19 Mil.

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

SASKF' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.58   Med: 0.87   Max: 0.99
Current: 0.99

During the past 2 years, the highest Equity to Asset Ratio of Atha Energy was 0.99. The lowest was -3.58. And the median was 0.87.

SASKF's Equity-to-Asset is ranked better than
96.69% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs SASKF: 0.99

Atha Energy Equity-to-Asset Historical Data

The historical data trend for Atha Energy'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.

Atha Energy Equity-to-Asset Chart

Atha Energy Annual Data
Trend Dec21 Dec22
Equity-to-Asset
-3.53 0.19

Atha Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.78 0.99 0.19 0.96 0.99

Competitive Comparison of Atha Energy's Equity-to-Asset

For the Uranium subindustry, Atha Energy'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.


Atha Energy's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Atha Energy's Equity-to-Asset distribution charts can be found below:

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



Atha Energy 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.

Atha Energy'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
=5.858/30.941
=

Atha Energy'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
=57.813/58.194
=

* 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.


Atha Energy  (OTCPK:SASKF) 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%.


Atha Energy Equity-to-Asset Related Terms

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


Atha Energy (Atha Energy) Business Description

Traded in Other Exchanges
Address
1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1
Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

Atha Energy (Atha Energy) Headlines

From GuruFocus

Atha Energy Announces Closing of 92 Energy Scheme

By GlobeNewswire 04-11-2024