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Electra Stone (Electra Stone) Equity-to-Asset : -1.54 (As of Sep. 2017)


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What is Electra Stone Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Electra Stone's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $-0.51 Mil. Electra Stone's Total Assets for the quarter that ended in Sep. 2017 was $0.33 Mil.

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

ELCGF's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Electra Stone Equity-to-Asset Historical Data

The historical data trend for Electra Stone'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.

Electra Stone Equity-to-Asset Chart

Electra Stone Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.22 -0.14 -0.28 -1.42

Electra Stone Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.27 -1.42 -1.45 -1.72 -1.54

Competitive Comparison of Electra Stone's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Electra Stone'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.


Electra Stone's Equity-to-Asset Distribution in the Metals & Mining Industry

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

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



Electra Stone 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.

Electra Stone's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=-0.494/0.349
=-1.42

Electra Stone's Equity to Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Equity to Asset (Q: Sep. 2017 )=Total Stockholders Equity/Total Assets
=-0.508/0.331
=

* 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.


Electra Stone  (OTCPK:ELCGF) 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%.


Electra Stone Equity-to-Asset Related Terms

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


Electra Stone (Electra Stone) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Electra Stone Ltd is junior mining company based in Canada. It specializes in the development and exploration of industrial minerals and dimensional stone. The company is in the process of mining the Apple Bay aluminum silicate quarry located on Vancouver Island near Port Hardy, British Columbia. Electra operates through two segments being the Mining and Exploration of industrial mineral properties.

Electra Stone (Electra Stone) Headlines

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