DLP Resources (DLP Resources) Equity-to-Asset : 0.92 (As of Jan. 2024)

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What is DLP Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DLP Resources's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $1.77 Mil. DLP Resources's Total Assets for the quarter that ended in Jan. 2024 was $1.92 Mil.

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

DLPRF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.88 Max: 0.98
Current: 0.92

During the past 3 years, the highest Equity to Asset Ratio of DLP Resources was 0.98. The lowest was 0.37. And the median was 0.88.

DLPRF's Equity-to-Asset is ranked better than
69.82% of 2710 companies
in the Metals & Mining industry
Industry Median: 0.8 vs DLPRF: 0.92

DLP Resources Equity-to-Asset Historical Data

The historical data trend for DLP 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.

DLP Resources Equity-to-Asset Chart

DLP Resources Annual Data

Trend

Apr20

Apr21

Apr22

Equity-to-Asset

0.95

0.88

0.92

DLP Resources Quarterly Data
	Jan20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial									0.37	0.70	0.58	0.85	0.92

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

For the Other Industrial Metals & Mining subindustry, DLP 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.

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

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

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

DLP 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.

DLP Resources's Equity to Asset Ratio for the fiscal year that ended in Apr. 2022 is calculated as

Equity to Asset (A: Apr. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	1.353	/	1.479
	=

DLP Resources'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
	=	1.773	/	1.924
	=

DLP Resources (OTCPK:DLPRF) 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%.

DLP Resources Equity-to-Asset Related Terms

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

DLP Resources (DLP Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DLP Resources Inc (OTCPK:DLPRF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

DLP:Canada

Address

135 - 10th Avenue S., Suite 201, Cranbrook, BC, CAN, V1C 2N1

Website

https://www.dlpresourcesinc.com

DLP Resources Inc is an operator of a mineral exploration company intended to focus on exploring base metals, cobalt, and minerals in Southeastern British Columbia. The company's mineral portfolio in Southeastern British Columbia consists of Aldridge 1, Aldridge 2, Redburn, Hungry Creek, DD, Moby Dick, and NZOU, and in Peru consists of Aurora and Esperanza, planned to design, implement and manage cost-effective and successful exploration programs.