Aclara Resources (TSX:ARA) Equity-to-Asset : 0.94 (As of Mar. 2024)

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What is Aclara Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aclara Resources's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$170.16 Mil. Aclara Resources's Total Assets for the quarter that ended in Mar. 2024 was C$180.28 Mil.

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

TSX:ARA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92 Med: 0.98 Max: 1
Current: 0.94

During the past 4 years, the highest Equity to Asset Ratio of Aclara Resources was 1.00. The lowest was 0.92. And the median was 0.98.

TSX:ARA's Equity-to-Asset is ranked better than
75.03% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSX:ARA: 0.94

Aclara Resources Equity-to-Asset Historical Data

The historical data trend for Aclara 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.

Aclara Resources Equity-to-Asset Chart

Aclara Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.92

0.98

0.94

Aclara Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial									0.98	0.99	0.98	0.94	0.94

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

For the Other Industrial Metals & Mining subindustry, Aclara 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.

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

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

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

Aclara 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.

Aclara Resources'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
	=	185.625	/	197.227
	=

Aclara Resources'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
	=	170.157	/	180.282
	=

Aclara Resources (TSX:ARA) 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%.

Aclara Resources Equity-to-Asset Related Terms

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

Aclara Resources (TSX:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aclara Resources Inc (TSX:ARA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ARAAF:USA JD1:Germany

Address

Cerro el Plomo 5630, Office 901 9th Floor, Region Metropolitana de Santiago, Las Condes, Santiago, CHL

Website

https://www.aclara-re.com/about-us

Aclara Resources Inc is a development-stage rare earth mineral resources company. It is engaged in the development of the Penco Module project in Chile.