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Osisko Development (TSXV:ODV) Equity-to-Asset : 0.73 (As of Mar. 2024)


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What is Osisko Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Osisko Development's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$573.43 Mil. Osisko Development's Total Assets for the quarter that ended in Mar. 2024 was C$781.14 Mil. Therefore, Osisko Development's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.73.

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

TSXV:ODV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.79   Max: 0.89
Current: 0.73

During the past 5 years, the highest Equity to Asset Ratio of Osisko Development was 0.89. The lowest was 0.65. And the median was 0.79.

TSXV:ODV's Equity-to-Asset is ranked worse than
56.45% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:ODV: 0.73

Osisko Development Equity-to-Asset Historical Data

The historical data trend for Osisko Development'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.

Osisko Development Equity-to-Asset Chart

Osisko Development Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.89 0.87 0.83 0.75 0.77

Osisko Development Quarterly Data
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 0.75 0.75 0.76 0.77 0.73

Competitive Comparison of Osisko Development's Equity-to-Asset

For the Gold subindustry, Osisko Development'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.


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

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

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



Osisko Development 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.

Osisko Development'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
=585.188/763.88
=0.77

Osisko Development'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
=573.433/781.137
=0.73

* 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.


Osisko Development  (TSXV:ODV) 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%.


Osisko Development Equity-to-Asset Related Terms

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Osisko Development (TSXV:ODV) Business Description

Traded in Other Exchanges
Address
1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
Osisko Development Corp is a mineral exploration and development company engaged in the acquisition, exploration and development of precious metals resource properties in North America. The company is focused on exploring and developing its mining assets, including the Cariboo Gold Project in British Columbia, the San Antonio gold project in Mexico and the Trixie test mine in the USA. The Company manages its business through the exploration, evaluation and development activities of its projects.
Executives
Maggie Elizabeth Layman Senior Officer