North Shore Uranium (TSXV:NSU) Equity-to-Asset : 0.61 (As of Dec. 2022)

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What is North Shore Uranium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. North Shore Uranium's Total Stockholders Equity for the quarter that ended in Dec. 2022 was C$0.25 Mil. North Shore Uranium's Total Assets for the quarter that ended in Dec. 2022 was C$0.41 Mil.

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

TSXV:NSU' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.43 Med: 0.09 Max: 0.61
Current: 0.61

During the past 2 years, the highest Equity to Asset Ratio of North Shore Uranium was 0.61. The lowest was -0.43. And the median was 0.09.

TSXV:NSU's Equity-to-Asset is ranked better than
50.56% of 180 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs TSXV:NSU: 0.61

North Shore Uranium Equity-to-Asset Historical Data

The historical data trend for North Shore Uranium'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.

North Shore Uranium Equity-to-Asset Chart

North Shore Uranium Annual Data

Trend

Dec21

Dec22

Equity-to-Asset

-0.43

0.61

North Shore Uranium Semi-Annual Data
	Dec21	Dec22
Equity-to-Asset	-0.43	0.61

Competitive Comparison of North Shore Uranium's Equity-to-Asset

For the Uranium subindustry, North Shore Uranium'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.

North Shore Uranium's Equity-to-Asset Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where North Shore Uranium's Equity-to-Asset falls into.

North Shore Uranium 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.

North Shore Uranium'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
	=	0.249	/	0.409
	=

North Shore Uranium's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	0.249	/	0.409
	=

North Shore Uranium (TSXV:NSU) 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%.

North Shore Uranium Equity-to-Asset Related Terms

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

North Shore Uranium (TSXV:NSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » North Shore Uranium Ltd (TSXV:NSU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15782 Marine Drive, Unit 1, White Rock, BC, CAN, V4B 1E6

Website

North Shore Uranium Ltd is a mineral exploration company, exploring economic uranium deposits at the eastern margin of Saskatchewan's Athabasca Basin. The company's objective is to conduct exploration programs on its two properties, the Falcon Property and the West Bear Property and evaluate opportunities to increase its portfolio of properties in the region.

Executives

Brooke P. Clements

Director, Senior Officer