Demesne Resources (XCNQ:DEME) Equity-to-Asset : 0.50 (As of Dec. 2023)

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What is Demesne Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Demesne Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.07 Mil. Demesne Resources's Total Assets for the quarter that ended in Dec. 2023 was C$0.13 Mil.

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

XCNQ:DEME' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.5 Max: 0.87
Current: 0.5

During the past 4 years, the highest Equity to Asset Ratio of Demesne Resources was 0.87. The lowest was 0.41. And the median was 0.50.

XCNQ:DEME's Equity-to-Asset is ranked worse than
71.98% of 2712 companies
in the Metals & Mining industry
Industry Median: 0.79 vs XCNQ:DEME: 0.50

Demesne Resources Equity-to-Asset Historical Data

The historical data trend for Demesne Resources'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.

Demesne Resources Equity-to-Asset Chart

Demesne Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.87

0.41

0.50

Demesne Resources Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial				0.51	0.41	0.28	0.56	0.50

Competitive Comparison of Demesne Resources's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Demesne Resources'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.

Demesne Resources's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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

Demesne Resources 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.

Demesne Resources'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
	=	0.066	/	0.133
	=

Demesne Resources'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
	=	0.066	/	0.133
	=

Demesne Resources (XCNQ:DEME) 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%.

Demesne Resources Equity-to-Asset Related Terms

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

Demesne Resources (XCNQ:DEME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Demesne Resources Ltd (XCNQ:DEME) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

335 - 1632 Dickson Avenue, Kelowna, BC, CAN, V1Y 7T2

Website

Demesne Resources Ltd is engaged in the acquisition, exploration, and evaluation of mineral property. The principal business is the acquisition and exploration of magnetite mineral properties, with a focus on mineral properties located in British Columbia. It holds an interest in Star Project. It has one reportable operating segment, being the acquisition and exploration of mineral properties in Canada.

Demesne Resources (XCNQ:DEME) Headlines

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