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Orogen Royalties (TSXV:OGN) Equity-to-Asset : 0.98 (As of Dec. 2023)


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What is Orogen Royalties Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Orogen Royalties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$61.58 Mil. Orogen Royalties's Total Assets for the quarter that ended in Dec. 2023 was C$62.59 Mil. Therefore, Orogen Royalties's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.98.

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

TSXV:OGN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.96   Max: 0.98
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Orogen Royalties was 0.98. The lowest was 0.52. And the median was 0.96.

TSXV:OGN's Equity-to-Asset is ranked better than
92.88% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:OGN: 0.98

Orogen Royalties Equity-to-Asset Historical Data

The historical data trend for Orogen Royalties'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.

Orogen Royalties Equity-to-Asset Chart

Orogen Royalties 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 0.96 0.98 0.98 0.98 0.98

Orogen Royalties 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 0.98 0.96 - 0.99 0.98

Competitive Comparison of Orogen Royalties's Equity-to-Asset

For the Gold subindustry, Orogen Royalties'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.


Orogen Royalties's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Orogen Royalties 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.

Orogen Royalties'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
=61.582/62.594
=0.98

Orogen Royalties'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
=61.582/62.594
=0.98

* 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.


Orogen Royalties  (TSXV:OGN) 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%.


Orogen Royalties Equity-to-Asset Related Terms

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


Orogen Royalties (TSXV:OGN) Business Description

Traded in Other Exchanges
Address
1015-789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Orogen Royalties Inc is a mineral exploration company. The company with a diverse portfolio of precious metal royalties and copper, gold, and silver exploration projects in Canada, United States, Mexico, Kenya, and Argentina. The company's royalty portfolio includes the Ermitano West gold deposit in Sonora, Mexico being developed by First Majestic Silver Corp and the Silicon gold project in Nevada, USA, being advanced by AngloGold Ashanti N.A. The company is well-financed with several projects actively being developed by joint venture partners.
Executives
André Gaumond Director or Senior Officer of 10% Security Holder

Orogen Royalties (TSXV:OGN) Headlines

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