Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trilogy Metals's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $136.10 Mil. Trilogy Metals's Total Assets for the quarter that ended in Feb. 2024 was $136.56 Mil.
The historical rank and industry rank for Trilogy Metals's Equity-to-Asset or its related term are showing as below:
TMQ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.99 Max: 1
Current: 1
During the past 13 years, the highest Equity to Asset Ratio of Trilogy Metals was 1.00. The lowest was 0.35. And the median was 0.99.
TMQ's Equity-to-Asset is ranked better than 99.11% of 2702
companies
in the Metals & Mining industry
Industry Median: 0.8
vs TMQ: 1.00
Trilogy Metals Equity-to-Asset Historical Data
The historical data trend for Trilogy Metals'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.
Competitive Comparison of Trilogy Metals's Equity-to-Asset
For the Other Industrial Metals & Mining subindustry, Trilogy Metals'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.
Trilogy Metals's Equity-to-Asset Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Trilogy Metals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Trilogy Metals's Equity-to-Asset falls into.
Trilogy Metals 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.
Trilogy Metals's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as
* 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.
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%.
Trilogy Metals Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Trilogy Metals's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Trilogy Metals (Trilogy Metals) Business Description
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
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