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Strathmore Plus Uranium (TSXV:SUU) Equity-to-Asset : 0.80 (As of Jan. 2024)


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What is Strathmore Plus Uranium Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Strathmore Plus Uranium's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$2.79 Mil. Strathmore Plus Uranium's Total Assets for the quarter that ended in Jan. 2024 was C$3.51 Mil.

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

TSXV:SUU' s Equity-to-Asset Range Over the Past 10 Years
Min: -32.14   Med: -0.71   Max: 0.98
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Strathmore Plus Uranium was 0.98. The lowest was -32.14. And the median was -0.71.

TSXV:SUU's Equity-to-Asset is ranked better than
67.4% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs TSXV:SUU: 0.80

Strathmore Plus Uranium Equity-to-Asset Historical Data

The historical data trend for Strathmore Plus 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.

Strathmore Plus Uranium Equity-to-Asset Chart

Strathmore Plus Uranium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.17 -1.15 -3.26 -1.68 0.74

Strathmore Plus Uranium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.79 0.73 0.74 0.83 0.80

Competitive Comparison of Strathmore Plus Uranium's Equity-to-Asset

For the Uranium subindustry, Strathmore Plus 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.


Strathmore Plus Uranium's Equity-to-Asset Distribution in the Other Energy Sources Industry

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

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



Strathmore Plus 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.

Strathmore Plus Uranium's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=1.712/2.327
=

Strathmore Plus Uranium's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=2.792/3.512
=

* 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.


Strathmore Plus Uranium  (TSXV:SUU) 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%.


Strathmore Plus Uranium Equity-to-Asset Related Terms

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Strathmore Plus Uranium (TSXV:SUU) Business Description

Traded in Other Exchanges
Address
1620 Dickson Ave, Suite 750, Kelowna, BC, CAN, V1Y 9Y2
Strathmore Plus Uranium Corp is uranium explorer based company. The Company operates in one business segment, the exploration, development and evaluation of the projects located in the State of Wyoming.
Executives
Jordan Potts Director
Devinder Randhawa Senior Officer

Strathmore Plus Uranium (TSXV:SUU) Headlines

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