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Great Bear Resources (Great Bear Resources) Equity-to-Asset : 0.80 (As of Sep. 2021)


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What is Great Bear Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Great Bear Resources's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $94.75 Mil. Great Bear Resources's Total Assets for the quarter that ended in Sep. 2021 was $118.84 Mil.

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

GTBAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.87   Max: 0.99
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Great Bear Resources was 0.99. The lowest was 0.52. And the median was 0.87.

GTBAF's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8 vs GTBAF: 0.80

Great Bear Resources Equity-to-Asset Historical Data

The historical data trend for Great Bear 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.

Great Bear Resources Equity-to-Asset Chart

Great Bear Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.83 0.93 0.88 0.84

Great Bear Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.85 0.84 0.80 0.79 0.80

Competitive Comparison of Great Bear Resources's Equity-to-Asset

For the Gold subindustry, Great Bear 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.


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

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

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



Great Bear 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.

Great Bear Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=56.703/67.562
=

Great Bear Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=94.752/118.841
=

* 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.


Great Bear Resources  (OTCPK:GTBAF) 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%.


Great Bear Resources Equity-to-Asset Related Terms

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


Great Bear Resources (Great Bear Resources) Business Description

Traded in Other Exchanges
N/A
Address
800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6
Great Bear Resources Ltd is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. An exploration drill program is underway to define the mineralization within a large-scale, high-grade disseminated gold discovery. Additional exploration drilling is also in progress to expand and infill nearby high-grade gold zones, as well as to test new regional targets.

Great Bear Resources (Great Bear Resources) Headlines

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