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Getty Copper (TSXV:GTC) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Getty Copper Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Getty Copper's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.31 Mil. Getty Copper's Total Assets for the quarter that ended in Dec. 2023 was C$7.00 Mil.

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

TSXV:GTC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.62   Max: 0.87
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Getty Copper was 0.87. The lowest was 0.47. And the median was 0.62.

TSXV:GTC's Equity-to-Asset is ranked worse than
73.96% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:GTC: 0.47

Getty Copper Equity-to-Asset Historical Data

The historical data trend for Getty Copper'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.

Getty Copper Equity-to-Asset Chart

Getty Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.55 0.58 0.51 0.47

Getty Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.51 0.50 0.48 0.47 0.47

Competitive Comparison of Getty Copper's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Getty Copper'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.


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

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

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



Getty Copper 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.

Getty Copper'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
=3.306/6.997
=

Getty Copper'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
=3.306/6.997
=

* 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.


Getty Copper  (TSXV:GTC) 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%.


Getty Copper Equity-to-Asset Related Terms

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


Getty Copper (TSXV:GTC) Business Description

Traded in Other Exchanges
N/A
Address
1000 Austin Avenue, Coquitlam, BC, CAN, V3K 3P1
Getty Copper Inc is a Canada-based exploration-stage company. It is engaged in the business of mineral exploration and mine development in the Highland Valley area of British Columbia. The company's properties include the Getty mineral claims, which are located within the Kamloops Mining District of Highland Valley.

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